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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (10102)	4/15/1998 3:57:00 AM
From: Kerm Yerman	Read Replies (1) of 15196

CORP. / Arakis Energy Arakis Announces Change to Board of Directors CALGARY, Alberta -Arakis Energy Corporation (NASDAQ:AKSEF) announced that the Board of Directors has accepted the resignation of Dr. Asif A. Syed, effective April 7, 1998. Mr. Raymond P. Cej, President and Chief Executive Officer of Arakis, has been appointed to the Board of Directors to replace Dr.Syed. The Company wishes to express its gratitude to Dr. Syed for his support, particularly in 1993 when the Concession in the Sudan was originally acquired, and for his efforts on the Board of Directors of Arakis since his appointment in September, 1996.

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