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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (11104)6/4/1998 9:13:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
CORP / Anderson Exploration Ltd. Comments on Trading Activity in
its Common Shares


TSE SYMBOL: AXL

JUNE 4, 1998


CALGARY, ALBERTA--Anderson Exploration Ltd. has noted today's
trading activity and the increase in price of its common shares
traded on The Toronto Stock Exchange. The Company is not aware of
any developments which would cause today's change in price of its
common shares.

Anderson Exploration Ltd. is a Calgary based oil and gas company
operating exclusively in western Canada. Its common shares trade
under the symbol "AXL" on The Toronto Stock Exchange.
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