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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (14318)	12/16/1998 5:17:00 PM
From: Kerm Yerman	of 15196

FIELD ACTIVITIES / TMT Resources Inc. announces service rig released; production resumed VANCOUVER, Dec. 16 /CNW/ TMT Resources Inc. VSE Symbol TMT Mr. Randy Schuette, President T.M.T. Resourccs Inc, (''TMT'') announces that further to news dated December 7, 1998 the service rig has now been released and the well has been placed back on production. The well is currently producing oil with low water content from 98 meters of perforations in the Swan Hills Member of the Beaverhill Lake formation. The Alberta Energy and Utilities Board has given verbal approval for injection into the 12-25-64-11 W5M well. The injection pump is being prepared for installation.

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