Samex Mining | OTC:BB - SMXMF | Canada - V.SXG Message Board

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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

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Sep 10 5:00 PM EST

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To: d:oug who wrote (443)	3/20/2001 7:37:51 PM
From: d:oug	Read Replies (1) of 539

3/20/01 Samex Mining Launches New Energy Unit... Natural Gas... stockhouse.com Samex has signed a "letter of intent" with Enlight Energy Corp. ("Enlight") for the purchase, installation and operation of F-3 "Texas Tornado" liquid ring gas compressors. The F-3 compressors have been effective in enhancing and increasing the recovery of natural gas from marginal or low pressure wells that may be nearing depletion under conventional recovery methods. Enlight, a private Canadian oil and gas company, has spent two years evaluating and quantifying the value-added benefits of enhanced natural gas recovery produced by this technology. By partnering with Enlight, SAMEX expects to take advantage of the new technology thereby capitalizing on the current high demand for natural gas. The objective of this energy project is to create a sustained cash-flow to assist the Company in funding its mineral exploration activities. The letter of intent outlines the general terms..... ... with five years of proven field performance. If performance expectations are met by the F-3 compressor and the operator, Enlight, SAMEX may purchase additional... ... enhanced recovery of natural gas in a high demand market an excellent source of potential revenue to supplement the Company's main focus of mineral exploration... (c) Market News Publishing Inc. Tel:(604) 689-1101 All rights reserved. Fax:(604) 689-1106 MarketbyFax(tm) © 2000 StockHouse.com

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