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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9092)	2/18/1998 12:03:00 PM
From: Arnie	of 15196

FIELD ACTIVITIES / Ram Petroleums Ltd to get Logging Unit Listed: The Toronto Stock Exchange Trading Symbol: RPL.A TORONTO, Feb. 18 /CNW/ - RAM PETROLEUMS LIMITED (''RAM''), announces that it has been informed by Schlumberger that the logistical problem with the logging unit has been resolved. The unit is scheduled to be on the AIRU-1 location on February 25, 1998. The AIRU-1 well is a 6,193' indicated oil discovery in the 130,000 hectare (321,000 acre) Rio Putumayo Association Contract in southern Colombia in which Ram has a 100% working interest. In view of the delay resulting from this logistical problem and the resulting risk of collapse of shales in an uncased hole, Ram ran and cemented 7'' casing yesterday. Ram will be working closely with Schlumberger to optimize the information that will be obtained from cased hole logs.

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