EX-1
from 8-K/A
1 page
Exhibit 16.1 February 15, 1999 Securities and Exchange Commission 450 5th Street, N.W. Washington, D.C. 20549 Commissioners: We Have Read the Statements Made by Saba Petroleum Company (Copy Attached), Which We Understand Has Been Filed With the Commission, Pursuant to Item 4 of Form 8-K, as Part of the Company's Form 8-K Report for the Month of February 1999. We Agree With the Statements Concerning Our Firm in Such Form 8-K. Very Truly Yours, /S/ Pricewaterhousecoopers Llp Pricewaterhousecoopers Llp Item 4. Changes in Registrant's Certifying Accountant. After Approximately a Month of Interviews and Discussions, Saba's Board of Directors Approved the Engagement of Arthur Andersen Llp as Saba's Independent Accountants, Which Agreement Was Finalized on February 10, 1999. by a Letter Delivered to Saba Petroleum Company on February 3, 1999, Pricewaterhousecoopers Llp Resigned as the Independent Accountants for Saba. Such Letter Did Not Indicate Any Reason for the Resignation. the Reports of Pricewaterhousecoopers on the Saba Financial Statements for the Years Ended December 31, 1997 and 1996 Did Not Contain an Adverse Opinion or a Disclaimer of Opinion, and Were Not Qualified as to Uncertainty, Audit Scope, or Accounting Principles. the Report of Pricewaterhousecoopers Dated April 15, 1998 Contained an Explanatory Paragraph Regarding Saba's Ability to Continue as a Going Concern. During Saba's Two Most Recent Fiscal Years and Through the Date of the Resignation of Pricewaterhousecoopers as Saba's Independent Accountants, Saba Did Not Have Any Disagreements With Pricewaterhousecoopers on Any Matter of Accounting Principles or Practices, Financial Statement Disclosure, or Auditing Scope or Procedure
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EX-1
from S-1/A
1 page
Exhibit 5.1 Opinion of Cohen Brame & Smith Professional Corporation Cohen Brame & Smith Professional Corporation Attorneys at Law One Norwest Center, Suite 1800 1700 Lincoln Street Denver, Co 80203 December 22, 1998 Saba Petroleum Company 3201 Airpark Drive, Suite 201 Santa Maria, Ca 93455 Re: Form S-1 Registration Statement Relating to Shares of $.001 Par Value Common Stock for Selling Security Holders Ladies and Gentlemen: We Have Acted as Counsel for Saba Petroleum Company (The "Company") in Connection With the Form S-1 Registration Statement to Be Filed by the Company With the Securities and Exchange Commission Relating to the Shares of the Company's $.001 Par Value Common Stock (The "Common Stock") Being Offered for Sale by Certain Holders of the Company's Securities. as Such Counsel, We Have Examined and Relied Upon Such Records, Documents, Certificates and Other Instruments as in Our Judgment Are Necessary or Appropriate to Form the Basis for the Opinions Hereinafter Set Forth. Based Upon the Foregoing, We Are of the Opinion That the Shares of Common Stock Being Offered When Sold in Accordance With the Terms Set Forth in the Registration Statement Will Be Validly Issued and Outstanding, Fully Paid and Nonassessable. We Consent to the Filing of This Opinion as an Exhibit to the Registration Statement and to the Reference to US Under the Caption "Legal Matters" in the Registration Statement. Very Truly Yours, /S/ Cohen Brame & Smith Professional Corporation
12/34/56
