NAMX -- North American Expl.-- Que Sera Sera! Message Board

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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!

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Mar 7 3:00 PM EST

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To: cAPSLOCK who wrote (2201)	1/16/1998 6:01:00 PM
From: M. M. Jones	Read Replies (3) of 4736

Here's another news release. biz.yahoo.com Friday January 16, 4:49 pm Eastern Time North American Exploration producing Nebraska gas SEATTLE, Jan 16 (Reuters) - North American Exploration Corp(OTC BB:NAMX - news) said it is selling natural gas from the three wells completed on the company's lease in Western Nebraska to KN Energy Inc (NYSE:KNE - news). Production began early this month, the company said in a statement. Officials did not have production volumes available. The company said it has completed three wells and is in the process of completing the six wells that it drilled in December 1997. North American has located 14 additional well sites on the structure and will start drilling in February, it continued. An additional 23 drill sites are being considered on the structure for drilling later this year. It said proven in probable reserves in the Niobrara Chalk and the D Sands formation reservoirs tapped by the wells are estimated at more than 58.5 billion cubic feet of gas. ------------------------- Regards, M.M.

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