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Gold/Mining/Energy : t. upton resources

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To: Keith Utz who wrote (36)	11/13/1998 12:18:00 PM
From: AL R	Read Replies (1) of 86

Keith / News Release Upton Testing New Wells CALGARY, Nov. 12 /CNW/ - (URC-TSE) Upton Resources Inc. today announced results on two new wells. Upton has cased and is currently completing for production, a new vertical exploration discovery. This 100% well flowed clean light oil to surface in 4 minutes on a drill stem test and appears to hold significant reserve and production potential. The second well a horizontal at Midale (100%) is now on production, flowing on a restricted choke. The Company expects to release initial production results from both wells next week (November 18th) with 3rd quarter results. The common shares of Upton are listed on the Toronto Stock Exchange under the symbol ''URC''. This information has been neither approved nor disapproved by the Toronto Stock Exchange.

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