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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (13051)	11/4/1998 6:27:00 AM
From: Salt'n'Peppa	Respond to of 15196

Kookaburra, Stanford, PYR Energy, Prima Energy, Paramount and Berkley, 6 of the 10 partners in Bellvue #1, all announced share offerings in the same week, with new working capital ranging from $100,000 to $40,000,000. Berkley's press release stated that some of the capital raised came from it's own board of directors and employees. A gutsy move in these uncertain times, unless you know you have something really big that is worth investing further in. Ever since this string of press releases, partners in the East Lost Hills, California well have seen significant increases in their share value. All partners have still maintained extremely tight hole status with regard to the flow of information. BKP and KOB seem to be gaining the most, but the largest percentage increase has been PYR, due to the tiny number of shares traded. KOB closed Nov. 3rd near it's highest point in 12 months, at $0.45. We are very close to total depth on this well, and results so far are good. What will the next 10 days bring?