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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (10252)	4/22/1998 12:07:00 AM
From: Arnie	of 15196

CORP. / Spire Energy Ltd engages Financial Advisor CALGARY, April 21 /CNW/ - Spire Energy Ltd. has retained Griffiths McBurney & Partners as financial advisors to review alternatives for maximizing shareholder value that may include a sale of the company, a merger, acquisition, restructuring or other type of business combination. Spire is a well financed energy company that is focused 100% on natural gas production. The Company produces 11.5 MMCFD of natural gas from the Abee and Oyen areas of Alberta. Spire operates 99% of its production and operates three gas processing facilities. Spire holds an average 77% working interest in its developed land base and an 83% working interest in its undeveloped land. Griffiths McBurney & Partners provides investment banking, institutional sales, trading and research services to the business and investment community and has offices in Calgary, Toronto and Montreal.

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