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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (11015)	5/30/1998 6:50:00 AM
From: Herb Duncan	Read Replies (2) of 15196

SERVICE SECTOR / NQL Drilling Tools: Legal Update TSE SYMBOL: NQL.A MAY 29, 1998 NISKU, ALBERTA--NQL Drilling Tools Inc. ("NQL") reports that it has, with its counsel, reviewed the claims outlined in the Statement of Claim issued by Wenzel Downhole Tools Ltd. ("Wenzel"). This process included a review of the technology incorporated in NQL's products. Management continues to be of the view that the claims are without merit. The review undertaken and advice received has also lead Management to conclude that it is necessary to pursue the particulars previously demanded from Wenzel and, if necessary, to obtain a court order relating to same. In view of the advice received from counsel, Management has instructed its counsel to obtain a Special Case Management Order. The effect of this type of order is expected to expedite the trial process. Management believes that an expedited trial is in the best interests of NQL and its shareholders.

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