C.K. Cooper Initiates Equity Oil With A Long-Term, Short-Term: Buy Rating.

IRVINE Irvine, town, Scotland
Irvine (ûr`vĭn), town (1991 pop. 32,507), North Ayrshire, SW Scotland, on the Irvine River estuary. Industries include iron and brass foundries. Other products are chemicals, electric goods, and clothing. , Calif.--(BUSINESS WIRE)--Nov. 25, 1997--C.K. Cooper & Co. Tuesday Tuesday: see week. released an eight page research report on Equity Oil (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :EQTY).

In this report, C.K. Cooper established earnings projects in 1997 of $0.04 per share after a loss of ($0.03) per share in the 4th quarter ending Dec. 31, 1997. Cash flow estimates were set at $0.69 per share for 1997 and $0.65 in 1998.

Based on a solid production base, and a well balanced exploration portfolio, C.K. Cooper & Co. has placed a near term goal price of $4.25 and a two year goal price of $5.50 per share.

Full releases on each issues are available at our http://www.ckcoop.com .

For more information contact: Alexander G. Montano C.K. Cooper & Co. 18500 Von Karman Ave AVE Avenue
AVE Average
AVE Alta Velocidad Espanola (train between Madrid and Seville)
AVE Alta Velocidad Española (Spanish: High Speed Train)
AVE Audio Video Entertainment
AVE Advertising Value Equivalent ., Suite 560 Irvine, CA 92612

C.K. Cooper & Co. is an investment banking boutique Boutique

A small investment firm specializing in offering specific, but limited services to a select number of individuals.

Notes:
These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. that specializes in the energy sector with an emphasis on exploration and production companies.

CONTACT: C.K. Cooper & Co.

Alexander G. Montano, 714/477-9300

Fax: 714/477-9211

E-Mail: amontano@ckcoop.com

Web site: http:www.ckcoop.com

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Publication:	Business Wire
Date:	Nov 25, 1997
Words:	187
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