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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: campe who wrote (3242)11/22/1999 1:05:00 PM
From: mulla711  Read Replies (1) of 3596
 
(PR NEWSWIRE) Corporate Vision Inc. Announces Additional Oil Drilling Proj
Corporate Vision Inc. Announces Additional Oil Drilling Projects With ROCO
Petroleum

ABILENE, Texas and TULSA, Okla., Nov. 22 /PRNewswire/ -- CVI Resources
Inc., a wholly owned subsidiary of Corporate Vision Inc.
(OTC Bulletin Board: CVIA), announces it has entered into a partnership with
ROCO Petroleum, Inc. to acquire 30% ownership of an additional oil field lease
project located in Southwest Jones County Texas. The lease offsets existing
ROCO Petroleum production fields and has previously proven production and an
unknown amount of reserves in multiple pay zone geology.
CVI-Resources has been encouraged by the recent success of another ROCO
Petroleum CVI-Resources project, the Hodges X-1 well. When drilling was
completed in Mid October 1999, the initial flow rates of the Hodges X-1 were
112 BPD of West Texas Intermediate grade crude oil. The Hodges X-1 well also
included as yet uncalculated amounts of natural gas and is located near the
newly acquired lease. CVI-Resources and ROCO Petroleum feel this lease will
provide similar geology and production results to the Hodges X-1 well.
The Hodges X-1 well production is currently operating on restricted
production until additional support equipment and a natural gas pipeline is
connected to service the well. Both ROCO and CVI-Resources project the Hodges
X-1 will be in full production in the first week of December.

CONTACT: Corporate Vision Inc., 918-307-2243.

SOURCE Corporate Vision Inc.
-0- 11/22/1999
/CONTACT: Corporate Vision Inc., 918-307-2243/
/Web site: iposite.com
(CVIA)

CO: Corporate Vision Inc.; ROCO Petroleum, Inc.; CVI Resources Inc.
ST: Oklahoma, Texas
IN: CPR OIL
SU: JVN


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