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Gold/Mining/Energy : KERM'S KORNER
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To: SofaSpud who wrote (11041)6/1/1998 8:29:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
FIELD ACTIVITIES / International Rochester Energy Palo Blanco Field
Progress

TSE SYMBOL: ROH

JUNE 1, 1998



VANCOUVER, BRITISH COLUMBIA--International Rochester Energy Corp.
(ROH) reports that Harken Energy Corp. (AMEX: HEC), the Company's
joint venture partner and operator has advised that the production
tests of the final two formations (the Guadalupe and Mirador) in
the Estero No. 3 well have proved to be non-commercial.

The operator previously reported successful production tests from
the Estero No. 3 well in the Ubaque formation of 2036 BOPD. Last
year, the discovery well Estero No. 1 also produced from the
Ubaque formation at a rate of 4116 BOPD.

Harken has further advised that it will now focus on producing
from the Ubaque formation. Trucked production initially estimated
at 1,000 BOPD can commence immediately with pipeline production
beginning later this year.

Rochester owns a 25 percent beneficial interest in the Palo Blanco
Field and the Alcaravan Association Contract.

International Rochester Energy is a Canadian based oil and gas
exploration company and is participating in the exploration and
development of the 210,000 acre Alcaravan Association Contract and
the 32,000 acre Miradores Association Contract located in the
Llanos Basin of Central Colombia. The Company is also pursuing
other, high potential, international oil and gas exploration
opportunities.

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