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Gold/Mining/Energy : WML Westminster Resources
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To: Salt'n'Peppa who wrote (37)4/8/1999 10:33:00 PM
From: Poseidonas   of 135
 
WML newsrelease: Thursday April 8, 1:12 pm Eastern Time

Company Press Release

Westminster Announces New Strategic Focus

CALGARY, ALBERTA--Westminster Resources Ltd. announces its intention to rationalize its existing producing natural gas assets to accommodate the company's expanded interests in the East Lost Hills California exploration program and the Berkley Petroleum Corp. operated San Joaquin projects. Westminster has entered into a letter of intent with Berkley to participate in an Area of Mutual Interest in the western San Joaquin basin. Participation in the project will
involve a multi-well program.

The rationalization will include the adjustment of Westminster's 1999 exploration and development program with an increased focus on the East Lost Hills and San Joaquin projects.

These changes will allow the company to fund the California projects through existing high net back cash flow generated from it's strong western Canadian natural gas production base and the proceeds generated from the possible disposition of non-core assets. This combination provides a solid financial basis for the company's strategic focus while avoiding dilution of shareholder
value in the current market environment.

Westminster Resources Ltd. is a Canadian company engaged in exploration, development and production of natural gas.
Westminster's common shares are listed on The Toronto Stock Exchange under the trading symbol ''WML''.

Westminster Resources' News Releases can be accessed electronically through Canadian Corporate News website at
www.cdn-news.com
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