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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (1882)	4/12/1999 1:58:00 PM
From: Keith Minler	Read Replies (1) \| Respond to of 2306

Hey Sam; it looks like they are advancing albeit slowly, this just in from CSW: Stampede et al license new Turner Valley well Stampede Oils Inc STF Shares issued 43,893,514 Apr 8 close $0.10 Mon 12 Apr 99 News Release Also Curlew Lake Resources Inc (CWQ) Also Bearcat Explorations Ltd (BEA) Mr. P. de Bruycker reports A follow-up well to the previous Imperial Berkley Turner Valley 8-21-21-3 W5M Regional Turner Valley gas discovery well, has been licensed for 10-16-21-3 W5M. The drilling operations for this new well, BPC Turner Valley 10-16-21-3 W5M, are expected to commerce in early May of this year. Stampede's geological/seismic interpretation indicates that this new well should drill into the top of the target Regional Mississippian Turner Valley formation at a slightly higher structural depth than where encountered in the discovery well. The farmor group interest in the section 16 petroleum and natural gas lease is as follows: Bearcat Explorations 18.540% 11.125% Stampede Oils Inc. 9.272% 5.562% Panda Petroleums Ltd. 5.000% 3.000% Curlew Lake Resources 2.188% 1.313% (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

To: Sam who wrote (1882)	4/12/1999 9:34:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 2306

Good to hear from you, Sam. Sorry but I had a "senior moment" yesterday and I managed to wipe out all of my unanswered "messages". (I proved that S.I. doesn't have this system completely idiot proofed yet !!) I followed that up with an extended senior moment and couldn't remember who they were from !! Oh well.... I think the chances for CAN $3.00/mcf gas are pretty fair. I did a summer contract (May-Oct/99) today at $2.50/GJ delivered @ AECO\NOVA NIT. That's equivalent to roughly $2.45/mcf at the gas plant outlet or Nova inlet point (the common reference point for gas sales prices). A one year firm contract commencing Nov 1/99 would earn a fair premium to that so the $3.00/mcf gas price is certainly within reach. Here's hoping !!!! On the other hand, I really don't think there's much chance at all that we'll see $23/bbl oil any time soon. I really hope I'm wrong but my own price expectations are much much lower than that. Have a pleasant evening. Later, grayhairs P.S.-- You enjoy watching that young Fata while you have him done there. He's an exciting hockey player. My guess is that we'll have him back in a Flames uniform next year. He has great skills. He just needs to grow an inch so he'll be "big like Theo" and then we'll be able to keep him here (Only until he's worth a few Million a year of course, then we'll have to let him go too.) :-( :-( :-(