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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8986)2/12/1998 9:38:00 PM
From: Arnie   of 15196
 
SERVICE SECTOR / Dynafrac Well Services helps BelAir Energy

CALGARY, Feb. 12 /CNW/ - Calgary-based Dynafrac Well Services Inc. today
announced it had successfully completed its first fracture stimulation
treatment. The frac job was performed in central Alberta last week for BelAir
Energy Corporation, also of Calgary.

Brent Bullen, President of Dynafrac said ''The gelled hydrocarbon frac,
using Dynafrac's state-of-the-art equipment, was successful both from
operational and well production standpoints. We are very pleased with how our
new personnel and equipment performed the job.''

''The frac job was also a first for us,'' said Vic Luhowy, President of
BelAir Energy, ''and the initial swabbing results indicate that the treatment
will result in increased production from our well.''

Dynafrac Well Services Inc. is a newly-formed energy services company
with its head office in Calgary and field station in Red Deer, Alberta.
Services provided by the company are primarily associated with high pressure
treatments on oil and gas wells to increase their productivity. These
treatments include fracturing, acidizing, chemical squeezes, nitrogen and coil
tubing, using proprietary blends of chemicals and large, mobile high pressure
pumping equipment.

BelAir Energy Corporation is based in Calgary and is involved in the
exploration and exploitation of petroleum reserves in Western Canada. BelAir
is listed on The Alberta Stock Exchange and trades under the symbol ''BGY''.
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