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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: bob who wrote (530)8/12/1997 8:51:00 AM
From: alchemy   of 4736
 
Hello All:Good news. More UPR & NAE Exploration
This was released yesterday afternoon, but the wires haven't picked it up which is strange. I received it via e-mail after the market closed yesterday. I called the Co. and they said it is OK to post since it has been officially released to the wire services and investors.
We still need to confirm with a hyperlink when the release finally hits the wires. Until then, I guess you should consider it a rumor.

Remember Soros' phony release? It sure sounds like he wrote this one too, only it's better. It's true.

NORTH AMERICAN EXPLORATION CORPORATION
Twelfth Floor 411 University Street, Seattle Washington 98101, USA

FOR IMMEDIATE RELEASE (Business Wire, Energy/Mining/Minerals)

Date: August 11, 1997 12:00 Noon PDT

Contact: Tel 206- 326-5468 , Fax: 206-326-5469

EM Sounder Mobilization

Seattle, Washington- North American Exploration Corporation Announces EM-Sounder Mobilization. North American Exploration Corporation (NAMX) announced today the mobilization of its proprietary EM-Sounder sensor for late September, 1997.

Under agreement with Union Pacific Resources Corporation, the proprietary EM-Sounder Survey will cover the entirety of the Union Pacific Land Grant within Cheyenne, Kiowa, and Lincoln counties in Southeast Colorado as well as parts of the Hanna Basin Prospect in Wyoming and the Rockport Prospect in Utah. The survey will yield high resolution, three dimensional hydrocarbon probability density maps of the areas.

Union Pacific Resources Corporation (NYSE UPR) is the nations's largest independent oil and gas exploration and production company. Headquartered in Fort Worth, Texas , UPR has been the # 1 domestic driller for the past five years.

North American Exploration Corporation (NASDAQ NAMX) is the exclusive license holder of the EM-Sounder technology (the electromagnetic analog to 3-D Seismic) in North America.

END

Contact: Corporate Communications Tel:1- 800-600-8599
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