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Gold/Mining/Energy : Western Logic Resources WLT-VSE $$$
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To: gholst who wrote (97)6/29/1999 8:49:00 AM
From: pete meyer   of 112
 
Western Logic Technologies Inc
WLT VSE Add to Portfolio

June 28, 1999
Texalta Western Logic West Queensdale Well has Reached Mississippian Lev

CALGARY, ALBERTA--Western Logic Resources Inc. ("Western Logic") (VSE-"WLT") announces that the West Queensdale 9-26 well was spudded at 2100 hours on June 23, 1999. Surface casing was set at 302 meters and the well, currently drilling at 1290 meters, has drilled through the Mississippian formation. The target of this Western Logic operated well is the Ordovician Red River Sand and Winnipeg Sand. The test well, located on an ancient faulted structure, will also test several other target zones of Lower Paleozoic age including the Birdbear, Duperow, Interlake and Deadwood Sand.

Of all of the above oil zones, the Winnipeg Sand is proving to be the most prolific producer as several recent tests in the surrounding area have been recorded in excess of 1000 barrels per day flowing. This well is prognosed to drill to a depth of 2420 meters.

Western Logic will have a 10 percent revenue interest in the oil production, prior to pay out, reverting to a 51 percent after pay out interest in the Drill Spacing Unit.

FOR FURTHER INFORMATION PLEASE CONTACT:

Western Logic Resources Inc.John N. Campbell(403) 290-1950(403) 290-1959 (FAX)
The Vancouver Stock Exchange has neither approved nor disapproved the contents of this release.

This Report Updated by Canstock at 16:02:54 Pacific Time

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