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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8220)1/1/1998 10:41:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
CORP / Ryan Energy Technologies Changes Fiscal Year End

TSE, ASE SYMBOL: RYN

DECEMBER 31, 1996



CALGARY, ALBERTA--Ryan Energy Technologies Inc. announces that it
will be changing its fiscal year end to December 31 from March 31
effective December 31, 1996.

Ryan Energy Technologies Inc. is an industry leader in the
development and provision of horizontal and directional technology
and services including measurement While Drilling (MWD), Logging
While Drilling (LWD), and Down-hole Drilling Motors. This
equipment is used to steer and evaluate horizontal and directional
well-bores for major, intermediate, and junior oil and gas
companies in Western Canada and the United States.
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