Bearcat (BEA-C) & Stampede (STF-C) Message Board

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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Mr Stock who wrote (1455)	9/11/1998 4:54:00 PM
From: Jim P	of 2306

Copy of the Suprex release which mention BEA/STF. Jim Talk : Gold/Mining : KERM'S KORNER \| Previous \| Next \| Respond \| Remove Navigation To: David Peever (11130 ) From: Kerm Yerman Saturday, Jun 13 1998 7:01AM ET Reply # of 12321 FIELD ACTIVITIES / Suprex Energy Enters Into Drilling Agreement SUPREX ENERGY CORPORATION CALGARY, June 9 /CNW/ - SUPREX ENERGY CORPORATION has entered into an agreement with Keesun Corp., a Montana Company for the drilling of two wells on Suprex lands in Northern Montana. The first well is to be drilled and completed prior to June 30, 1998. Keesun will have the option to drill a second well within 60 days of completion of the first well. Suprex will retain a gross royalty convertible to a 30% working interest after payout. Company also announces that it has purchased an interest ranging from 12% to 100% in five shut-in gas wells in Southern Alberta. Application has been made for the deepening of the Stampede Bearcat Suprex 7-25-20 3W5 well at Turner Valley. The operator, Stampede et al is preparing to deepen the well to test the Devonian formation. The well is presently standing with 7'' casing cemented into the top of the Mississippian formation. Suprex has 25% working interest in this project. Information released by Stampede Bearcat indicates that ''the Devonian Crossfield Member in the 7-25 well could have in excess of 180 feet of net pay, which would confirm the existence of a Major Crossfield gas reservoir in this area.'' Suprex has interests varying from 10% to 100% in 3,300 acres of oil and gas leases covering this feature. Grant of Stock Options On May 14, 1998 the Company granted options totaling 310,000 shares at an exercise price of $0.20 per share to its directors and employees. The Corporation is traded under the symbol ''SYP'' on The Alberta Stock Exchange. Next Previous \| Previous \| Next \| Respond \| View 2 replies to this message View SubjectMarksBookmark this Subject Discussion \| People \| MetaCrawler Subject Titles Only Full-Text Messages with Links <Picture> Send questions and feedback to webmistress@techstocks.com To link to this reply, use the following Location: Terms of Use

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