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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9021)	2/13/1998 2:55:00 PM
From: Kerm Yerman	of 15196

SERVICE SECTOR / Circa Enterprises Tri-Ener-Tech Subsidiary Statue CIRCA ENTERPRISES INC. DISCUSSING DISPOSITION OF ITS TRI-ENER-TECH SUBSIDIARY CALGARY, Feb. 13 /CNW/ - Circa Enterprises Inc. announced today that the United States based organization with whom it was negotiating a disposition of its Tri-Ener-Tech Petroleum Services Ltd. subsidiary has provided notice of its intention not to proceed with the transaction. Circa Enterprises Inc. is currently assessing its options and remedies arising from such notice, and reviewing alternatives in connection with the disposition of its Tri-Ener-Tech Petroleum Services Ltd. subsidiary. Circa Enterprises Inc. is a Calgary based corporation, the common shares of which are listed on The Toronto Stock Exchange under the trading symbol ''CTO''.

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