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Gold/Mining/Energy : KERM'S KORNER
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To: Kerm Yerman who wrote (12377)9/19/1998 9:18:00 AM
From: Herb Duncan  Read Replies (8) of 15196
 
FIELD ACTIVITIES / Petroflow Participating in Chamberlain Gas Well

CDN SYMBOL: PFNG.A

SEPTEMBER 18, 1998

HUBBARDS, NOVA SCOTIA--Petroflow Energy Ltd. ("Petroflow") says
that it is a participant in the drilling of a recently spudded
exploratory natural gas well in the Chamberlain area near
Edmonton, Alberta.

The Chamberlain project, in which Petroflow holds a 12.5 percent
working interest and Tier One Energy Corp. is the operator,
encompasses both oil and natural gas targets. In June 1998 the
first horizontal oil well was completed to test the 27 degrees API
Chamberlain oil pool, and successfully identified a minimum of
three million barrels of original oil in place based on
independent engineering evaluations. This prolific well commenced
production June 7, 1998 and over its first 60 days of production
averaged 310 barrels of oil per day with a 15 percent water cut.

Original exploration wells at Chamberlain in the 1950's tested
natural gas between three to five million cubic feet per day from
10 feet of pay within the Ostracod Sand.

Construction of a battery is underway to treat and handle oil
production from the Chamberlain Project and additional wells are
planned to further exploit the potential of these oil and natural
gas reserves.

Petroflow is an emerging junior oil and gas company, the Class A
shares of which are quoted and traded on the Canadian Dealing
Network under the symbol "PFNG.A"

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