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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: kx who wrote (5618)	11/27/1998 10:29:00 PM
From: Bearcatbob	Respond to of 24925

Try Canadian 88 or Berkley Petroleum. Winter is not in Northern Ohio. Today and the rest of the weekend is for golfers. bob

To: kx who wrote (5618)	11/28/1998 12:42:00 AM
From: Kerm Yerman	Read Replies (2) \| Respond to of 24925

Khamdy / Natural gas companies In my opinion, natural gas companies are pretty much fully valued. I would recommend buying on any pullback in share prices. I think the whole energy sector is in position for a minor correction due to oil prices and now -- weather. Berkley Petroleum, Northrock Resources, Paramount Resources, RioAlto Exploration are among my favorites. Smaller companies I like are Bonavista Petroleum, Compton Energy, Cypress Energy and Genesis Exploration. Canadian 88 Energy and Newport Petroleum are two others to watch. Believe it or not, oil producers may offer more leverage to the upside if you are looking at a minimum window of twelve to eighteen months out in time. Companies like Canadian Occidental Petroleum, Petro-Canada, Talisman Energy and fast growing Probe Exploration and Vermilion Resources are just a few to consider. Oil prices have fallen back to the lows experienced earlier in the year and stocks have yet to do the same. I do anticipate continuing weakness in the sector. If one can see through a period of distressed oil prices, longer term outlook is terrific for the oil producers.

To: kx who wrote (5618)	11/28/1998 3:21:00 PM
From: BEST BET	Respond to of 24925

following company release looks interesting as they must be approaching t.d. risky but? Nov. 17/98 Gothic Resources Inc (GCR-V) Winfield Ranch Progressing on Prognosis Gothic Resources Inc. (the "Company") announces that the Company's Winfield Ranch 17 #1-E (WR17#1-E) well on its South Fort Stockton prospect in Pecos County, Texas is progressing on prognosis. The well is currently at a depth of 25,000 feet. The well encountered the Ellenburger formation at a depth of 24,620 feet, 1,550 feet structurally high to the Napco Centurion #1 (located 7,000 feet northwest of the location). This confirms the 3-D seismic mapping, and exceeds the original structural expectations of being approximately 1,050 feet high to the Centurion well. Based on evaluation of the wireline logs the operator has decided to resume drilling towards a revised total depth. The exact total depth of the well will be dependent on an ongoing integration of the well and seismic data, but will not likely exceed the original depth of 26,000 feet. The adjacent Gomez Field to the northwest has produced 4.7 trillion cubic feet ("TCF") of gas of the 7 TCF of recoverable reserves while the adjacent McComb Field to the north has produced 50 billion cubic feet ("BCF") of the 160 BCF of recoverable reserves and the Puckett Field 15 miles to the southeast has produced 3.8 TCF of the 5 TCF of recoverable reserves. The Company has paid 14-1/6% of the turnkey cost of the drilling of one well to earn a 14-1/6% interest in the initial well and a 10.625% interest in the contract lands. The Company's interest in the initial well is subject to Baytech's 25% back-in after payout. Following payout of the initial well, the Company will have a 10.625% working interest in all subsequent operations in the entire leasehold of 5,280 gross acres (3,920 net acres). Tel: (604)687-1334 Paul T. Conroy Tel: (604)683-6556