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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (11647)7/8/1998 4:07:00 PM
From: SofaSpud  Read Replies (1) of 15196
 
FIELD ACTIVITIES / Cavell Williston Discovery

CAVELL ENERGY (U.S.) CORPORATION ANNOUNCES INTERLAKE
DISCOVERY, WILLISTON BASIN, NORTH DAKOTA

CALGARY, July 8 /CNW/ - Cavell Energy Corporation (KVL:TSE) announced
today, along with its partners Lyco Energy Corporation, Dallas Texas and
Tipperary Corporation, Denver, Colorado, the recent completion of its
Plumer-Lundquist 25-2 well in the Interlake formation.
The Plumer-Lundquist 25-2 (Cavell interest 25%) is located 13 miles
north of Alamo, Divide County, North Dakota. Perforation of the Interlake
formation has resulted in sustained production of 225 BOPD flowing through an
8/64'' choke with a surface flowing tubing pressure of 1,500 psi. An initial
completion was made in the Red River formation. While the zone was commercial,
it was temporarily suspended to perforate and test the Interlake. The closest
Interlake production is in the Moraine Field, about 6 miles to the east.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES

-30-
For further information: Murray McCartney, President and Chief
Executive Officer, or Arthur Madden, Vice-President Finance and Chief
Financial Officer, (403) 269-8337, Fax: (403) 264-1627

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