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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Bearcatbob who wrote (9011)	4/22/2002 10:55:40 AM
From: Scott Mc	Read Replies (1) of 24925

Cavell Energy Corp KVL Shares issued 32,295,564 Apr 19 2002 close $1.080 Cavell KVL, just annouced 2nd farm in , they are also presenting tomorrow in Toronto, I hold a position, Scott CAVELL ENERGY CORPORATION ENTERS INTO MAJOR FARM-IN AGREEMENT ... Cavell Energy has entered into a farm-in agreement with a large integrated oil and gas company in west-central Saskatchewan covering 65 sections of land. The west-central Saskatchewan area is a region of high growth for Cavell and is continuing to deliver excellent natural gas drilling results. Cavell plans to commence drilling operations under this agreement as soon as spring road bans have been lifted. The company plans to spend approximately $1-million on seismic in this area to define additional drilling locations and will drill a total of 10 wells in this area in 2002. "This agreement represents a significant opportunity for Cavell, providing us with a dominant land position in the area.

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