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Gold/Mining/Energy : Candian Imperial Ventures, CQV

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To: Ron Struthers who wrote (2)	6/13/2001 10:36:58 AM
From: Jake V.	Read Replies (1) of 9

Many folks liking the PR... biz.yahoo.com ST. JOHN'S, NF, June 12 /CNW/ - Canadian Imperial Venture Corp. (the "Company") is pleased to provide the following update on the development of the Garden Hill oil field in Western Newfoundland. Recent flow testing of the Port au Port No. 1 discovery well at Garden Hill South provided the following results: Production Test Summary: ------------------------ Duration: 224 hours Production: 14,999 barrels oil equivalent 4994 barrels of water Raw data from Production Test: ------------------------------ Oil: 10,202 barrels (51 degrees API) Gas: 47.97 million standard cubic feet Water: 4994 barrels (33% water cut) Jake

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