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


To: kx who wrote (5711)12/12/1998 5:28:00 PM
From: GEORGES  Respond to of 24925
 
I have a research report that says that BKP will have 68% of it''s prodution in gas in 1999 versus 60% in 1998.



To: kx who wrote (5711)12/13/1998 9:42:00 AM
From: Kerm Yerman  Read Replies (1) | Respond to of 24925
 
Khamdy / Anderson Exploration-Rennaissance Energy-Berkley Petroleum

Anderson (est 60%) and Berkley (est 65%) are predominant natural gas producers. Renaissance Energy (est 35%) is not.

In case of Berkley - they started operations with focus on natural gas. They then got successfully involved in the deep Midale oil play in Saskatchewan and that is their primary base of oil production. Almost all other plays, current and future, appear focused on natural gas.

Shares in natural gas companies have recently dropped dramatically due to our weather. I wouldn't start buying into these companies until cold weather is on the horizon.

If you're interested in natural gas producers, two companies you may want to consider (upon further price weakness) are Rio Alto Exploration and Genesis Exploration. Add these to your due diligence listing.