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Yes, I've also noted the jumping around. I can't vouch for accuracy of OPU
however it is used by most of the O&G investors I know. I do know that it's
generally put me into the right trusts. Before learning of it, I owned ERF,
NCN, PVX, and PWI. Research there led me to dump PVX and PWI and double up
on ERF and NCN which was a good move. I keep about 6 key statistics for the
trusts in my portfolio worksheet so I evaluate changes as they occur. Now it
looks like I may need to evaluate a move from ERF to PWI. Will be interested
in hearing your thoughts after you've been off the streets for a few days.
Earl
----- Original Message -----
From: <hbernst963@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, October 07, 2003 12:59 PM
Subject: Re: [RT] Oil and Gas Trusts (renamed)
> In a message dated 10/7/2003 1:08:20 PM Eastern Daylight Time,
> earl.a@xxxxxxxxxx writes:
>
> > assume that a low McDep ratio is more favorable than a high ratio?
> >
>
> Yes. The site you recommended, oilpatchupdates.com, is excellent.
> Evaluating all their data will keep me off the streets at night. I am a
little
> concerned that SJT is rated high by one site and low by another. Very
confusing. I
> did check some of the previous year's figures on some stocks on the oil
patch
> site. The numbers jump around a lot from year to year. BPT reserve
> replacement ratio went from 65% to 405% to 123% and up to 259%.
>
>
> Howard Bernstein
>
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