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Ultra Petroleum to Present at 26th Annual Institutional Investors Conference

   Ultra Petroleum Corp. logo. (PRNewsFoto)

HOUSTON, TX USA
    HOUSTON, March 1 /PRNewswire-FirstCall/ -- Ultra Petroleum (Amex: UPL)
today reported that Michael D. Watford, Ultra's Chairman, President and CEO
will be presenting at the 26th annual Raymond James Institutional Investors
Conference in Orlando, Florida, Monday, March 7th at 2:40 PM EST.  The
presentation slideshow with audio can be viewed on the Ultra Petroleum website
homepage at http://WWW.ULTRAPETROLEUM.COM .

    Ultra Petroleum is an independent, exploration and production company
focused on developing its long life natural gas reserves in the Green River
Basin of Wyoming, and oil reserves in Bohai Bay, offshore China.  Ultra is
listed on the American Stock Exchange under the ticker "UPL" with 75,760,968
shares outstanding as of the date of this release.
    The United States Securities and Exchange Commission permits oil and gas
companies, in their filings with the SEC, to disclose only proved reserves
that a company has demonstrated by actual production or conclusive formation
tests to be economically and legally producible under existing economic and
operating conditions.  We may use certain terms in this press release,
relating to reserves and/or production that the SEC's guidelines strictly
prohibit us from including in filings with the SEC.  U.S. Investors are urged
to consider closely the disclosure in our Form 10-K available from us at
363 North Sam Houston Parkway E., Suite 1200, Houston, TX 77060.  You can also
obtain this form from the SEC by calling 1-800-SEC-0330.
    This presentation may include "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.  The opinions,
forecasts, projections or other statements, other than statements of
historical fact, are forward-looking statements.  Although the Company
believes that the expectations reflected in such forward-looking statements
are reasonable, they can give no assurance that such expectations will prove
to have been correct.  Certain risks and uncertainties inherent in the
Company's businesses are set forth in their filings with the Securities and
Exchange Commission.  Full details regarding the selected financial
information provided above will be available in the Company's annual report
and in the Annual Information form to be filed under the cover of Form 10-K.


SOURCE Ultra Petroleum Corp.




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Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20020226/DATU029LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Related links:
  • http://www.ultrapetroleum.com
  • http://www.raymondjamesecm.com/conferences_events_900_main.asp
    CONTACT:
    David Russell, Director Investor Relations of
    Ultra Petroleum Corp., +1-281-876-0120, ext. 302, or
    drussell@ultrapetroleum.com