BSNS Wire New of MTEI buying additional 8,000 acres. Repost of Blitz's ICVI reply #10025.
HERE'S THE NEWS................
(BSNS WIRE) Mountain Energy Inc. Announces It has Received Acceptance of
Mountain Energy Inc. Announces It has Received Acceptance of Its Purchase Offer
of an Additional 8,000 Acres of Mineral Resources in West Virginia
Business/Energy Editors
HOUSTON--(BUSINESS WIRE)--June 8, 1998--Mountain Energy Inc.
(formerly International Casino Cruises Inc., OTCBB:ICVI) announces it
has received acceptance on its purchase offer to acquire an additional
8,000 acres of mineral reserves in Lincoln and Raleigh counties
in West Virginia.
Additionally, Mountain Energy Inc. has retained Stag Engineering
Services Inc. (Crosslands, West Virginia), to conduct reserve studies
on the acquired acreage.
Included in this release are "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21F of the Securities Exchange Act of 1934, as amended.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations reflected in such forward-looking statements
will prove to have been correct. The Company's actual results could
differ materially from those anticipated in the forward-looking
statements as a result of certain factors including sales levels,
distributions and competition trends and other market factors.
Learn more by contacting Mountain Energy Inc. at 7700 San Felipe,
Suite 480, Houston, Texas 77063.
--30--MJB/ho*
CONTACT: Mountain Energy Inc., Houston
Joe Gort, 800/716-5147
or
George Guttman, 212/293-9034 or 718/951-0260
KEYWORD: TEXAS
INDUSTRY KEYWORD: OIL/GAS ENERGY
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