og weekly, page-16

and this week....

------"If Elk really had a good chance of firming up reserves of this size then the
question we ask is why hasn’t the company attracted takeover interest? After
all 23 million barrels of oil would be worth as much $500 million on a
discounted cash flow basis. At current prices Elk is capitalised at less than
$50 million."----------

.....when this comes in someone is going to look bl**dy silly.....