USEG - Uranium Power Corporation Message Board

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Gold/Mining/Energy : USEG - Uranium Power Corporation

USEG 1.160

-6.3%

Nov 3 3:59 PM EST

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To: jmhollen who started this subject	2/13/2003 10:57:24 AM
From: jmhollen	of 72

Uranium Power Corporation: Athabasca Oil Prospect, Fort McMurray Alberta 7-32 Well Open Hole Test Progress Report CALGARY, Alberta--(BUSINESS WIRE)--Feb. 13, 2003--Uranium Power Corporation (OTCBB:URMP) (DAX:URP) -- The Company reports that despite positive results during swabbing operations it has detected a failure of the primary cementing operation of the production casing conducted in the original well during 1994. The Company is obliged by the Alberta Energy and Utility Board to perform a cement squeeze projected to take 4-5 days before resumption of the open hole testing. Doug Cannaday, President notes, "This is procedural and a common occurrence, particularly in old wells." He added, "I appreciate the investors patience during this delay before resuming what early indications suggest will be a successful test." CONTACT: Uranium Power Corporation Brook Bellian, 800/877-1626 investor@apioil.net www.apioil.net Randal Pow, 888/858-7759 investor@apioil.net www.apioil.net

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