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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (10274)	4/23/1998 1:40:00 AM
From: Kerm Yerman	of 15196

CORP. - SERV 10 LISTED / Lawsuit Filed Against NQL Drilling Tools NQL DRILLING TOOLS INC. TSE SYMBOL: NQL.A APRIL 22, 1998 NISKU, ALBERTA--NQL Drilling Tools Inc. ("NQL") announces that a lawsuit has been filed in the Federal Court of Canada against NQL and its subsidiaries Black Max Downhole Tool Ltd. and Canadian Downhole Drill Systems Inc. for patent infringement. The lawsuit seeks damages in the sum of $25 million and an injunction restraining NQL from any future infringement. Management has reviewed the claims and is confident that the claims are without merit. Legal counsel has been retained and a defence will be filed within the time provided for in the Rules of Court.

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