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Gold/Mining/Energy : KERM'S KORNER
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To: SofaSpud who wrote (11156)6/9/1998 9:07:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
FIELD ACTIVITIES / PanOil Resources Commences Operations at Stirling

ASE SYMBOL: PRE

JUNE 9, 1998



CALGARY, ALBERTA--PanOil Resources Ltd. has commenced operations
on a four well program at Stirling. The first well spudded on
June 5, 1998. The wells are targeted to gas horizons in the Bow
Island Formation. The Company has adequate facilities in the area
to process additional gas. The testing of the wells should begin
in the next two weeks.

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