GLENN, BURDETTE, PHILLIPS AND BRYSON CERTIFIED PUBLIC ACCOUNTANTS A Professional Corporation 1150 Palm Street San Luis Obispo, California 93401 July 24, 2000 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Capco Energy, Inc. (File No. 0-10157) Gentlemen: We have read Item 4 included in the attached Form 8-K dated July 19, 2000, of Capco Energy, Inc. and are in agreement with the statements contained therein. Very truly yours, /s/ Glenn, Burdette, Phillips and Bryson Glenn, Burdette, Phillips and Bryson