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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (11663)7/9/1998 5:42:00 AM
From: Kerm Yerman  Read Replies (2) of 15196
 
CORP. / Fox Energy Corp Appoints New Board Members

FOX ANNOUNCES NEW BOARD MEMBERS

CALGARY, July 8 /CNW/ - Fox Energy Corporation is pleased to announce the
election of Ken M. Harrington, P.Geol. and Alfred F. Fischer, P.Geol. as new
members of the Board of Directors at its Annual General Meeting on June 29,
1998. Dr. W.A. (Bill) Cochrane, O.C., Stanley M. Davison and Donald R.
Holding will continue as directors of the Corporation.

Mr. Harrington was a co-founder, Vice-President and a director of
Cimarron Petroleum Ltd. until its merger with Newport Petroleum Corporation in
1997. He served as a director of Newport until 1998. Previously, Mr.
Harrington had worked as a professional geologist and manager for several oil
and gas companies in Calgary.

Mr. Fischer was employed by Gulf Canada Resources Limited for 22 years in
exploration, development geology and acquisitions/divestments management
capacity. Since retiring from Gulf in 1996, he has worked primarily as an
industry consultant involved in mergers and acquisitions. Mr. Fischer also
serves as a director of several Canadian oil and gas companies and volunteer
organizations.

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