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Gold/Mining/Energy : KERM'S KORNER

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To: Arnie who wrote (9201)	2/23/1998 8:20:00 PM
From: Herb Duncan	of 15196

FIELD ACTIVITIES / Doreal Energy: Portugal Update ASE SYMBOL: DOY OTC Bulletin Board SYMBOL: DEG.CF FEBRUARY 23, 1998 VANCOUVER, BRITISH COLUMBIA--Doreal Energy Corporation announces that the operator of the Alijubarrota no. 1 exploration well has set casing to total depth of 2,686 meters (8,864 feet). Testing is in progress. Doreal has a 10 percent working interest in the exploration well and will earn a 9.35 percent revenue interest in the project. There is no further material information that can be reported at this time. On Behalf of the Board of Directors, James H. Dorman, President and CEO

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