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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

                                 Date of Report

                                October 28, 2003

                              ULTRA PETROLEUM CORP.
             (Exact name of registrant as specified in its charter)

   Yukon Territory, Canada                0-29370                  N/A
(State or other jurisdiction of      (Commission File       (I.R.S. Employer
 incorporation or organization)           Number)         Identification Number)

        (363 North Sam Houston Pkwy, E., Suite 1200., Houston, TX 77060)

                                 (281-876-0120)

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Item 12. Results of Operations and Financial Condition




                                   SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

[October 28th, 2003)

                                                  /s/ David Russell
                                                  -----------------------
                                                  David Russell



         Webcast Alert: Ultra Petroleum Corp. Announces Its 3rd Quarter
                      Earnings Conference Call on the Web

HOUSTON, Oct. 28 /PRNewswire-FirstCall/ -- In conjunction with Ultra Petroleum
Corp.'s (Amex: UPL; Toronto: UP) Third Quarter Earnings Conference Call, you are
invited to listen to its webcast that will be broadcast live over the Internet
on Tuesday, November 4, 2003 at 10:00 AM Central US.

      What:   Ultra Petroleum Corp.'s Third Quarter Earnings Conference Call on
              the Web

      When:   Tuesday, November 4, 2003 at 10:00 AM Central US

      Where:  http://www.firstcallevents.com/service/ajwz391814285gf12.html

      How:    Live over the Internet -- Simply log on to the web at the address
              above.

      Contact: David Russell at 281-876-0120 x 302

      If you are unable to participate during the live webcast, the call will be
archived at www.ultrapetroleum.com . To access the replay, click on the home
page.

      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" and on the Toronto Stock
Exchange under the ticker "UP" with 74,327,668 shares outstanding as of the date
of this release.

      (Minimum Requirements to listen to broadcast: The Windows Media Player
software, downloadable free from
http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a
28.8Kbps connection to the Internet. If you experience problems listening to the
broadcast, send an email to webcastsupport@tfprn.com .)

SOURCE Ultra Petroleum Corp.