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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8715)	1/30/1998 1:24:00 PM
From: Arnie	Read Replies (3) of 15196

ENERGY TRUSTS / Westrock Energy Income Fund II CALGARY, Jan. 29 /CNW/ - Westrock Energy Income Fund II is pleased to announce that its current production exceeds 3,500 BOE/day, representing a 17% increase over the anticipated 1997 exit rate of 3,000 BOE/day. This increase is primarily due to the success of the Fund's development drilling program at Sylvan Lake, Alberta, which has consisted of three vertical wells drilled in 1997 and one horizontal well drilled in early 1998. The Fund has successfully completed this horizontal Pekisko oil well in early January and it has been tied in and is currently flowing at rates of 400 bbls/day. Production volumes for the nine months ending September 30, 1997 were 2,610 BOE/day. The current production volumes represent an increase of 34% over those levels. The Fund has surpassed its 1997 distribution forecast, paying $1.16 per unit to all unitholders.

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