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Gold/Mining/Energy : Ultra Petroleum (UPL) -- Ignore unavailable to you. Want to Upgrade?


To: Donald Lickman who wrote (4033)4/6/1999 12:30:00 PM
From: ISPYOIL  Read Replies (2) | Respond to of 4851
 
LIGHTS OUT-meaning most of UP's people assets and upside will be gone by yearend, letting the Vancouver big holders pump and dump one last time, the asset with the upside, the Pinedale Anticline acreage, will be sold while the asset which is fully valued, the Jonah properties, will be kept provide cash flow for the considerable corporate overhead and the coming move to Houston to invest in assets of Watford's choice, most of the Denver people will not be making the move, later the Jonah field will be sold and reinvested in producing properties nearer Houston, when Bruner left, the lights may have not gone out but they are dimming fast