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Gold/Mining/Energy : KERM'S KORNER

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To: Herb Duncan who wrote (11904)7/28/1998 11:58:00 AM
From: SofaSpud   of 15196
 
FIELD ACTIVITIES / TMT at Swan Hills

TMT RESOURCES INC. ANNOUNCES SERVICE RIG ARRIVES ON SWAN HILLS PROJECT

VANCOUVER, July 28 /CNW/ - TMT Resources Inc.
(TMT - VSE)

Mr. Randy Schuette, President T.M.T. Resources Inc. (''TMT''), announces
that a service rig is currently on site of the Swan Hills Project for the
purpose of installing a high volume variable speed pump on the 15-26-64-11 W5M
horizontal well. Site facilities have recently been upgraded in order to
begin compression, pipeline shipment, and sale of natural gas from the
project. Upon completion of the mentioned operation TMT will proceed with
plans to convert the 12-25-64-11 W5M vertical well to water injection.

On Behalf of the
Board of Directors

''Randy Schuette''

Randy Schuette
President / CEO

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy, or accuracy of this release.

-30-
For further information: Randy Schuette (403) 269-1999, 1-800-811-6622,
Fax (604) 270-4620, E-mail tmt@bc.sympatico.ca, Web Site
www.stockgroup.com/tmt

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