FIELD ACTIVITIES / Dynamix update
Dynamix - Drilling Update and Clarification
CALGARY, ALBERTA--Dynamix Corporation is pleased to announce that
with respect to the drilling program in Johnson County, Kentucky,
the first well was drilled to depth on October 3 and shut-in and
cased on October 4. Three gas zones were detected and it is
awaiting completion. The rig was subsequently moved to the second
location where drilling has commenced.
The Corporation would like to clarify that the press release dated
September 23, 1998 referred to three agreements and only the first
agreement, the Zeta Prospect, was completed with First Star Energy
Ltd. The other two agreements, which dealt with the Strachan
Area, were concluded with independent parties, and not First Star.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Dynamix Corporation
Richard LeBlanc
Executive Vice President/Director
(403) 221-7715
(403) 221-7717 (FAX)
or
Dynamix Corporation
Randy Marshall, P.Eng.
Vice President
(Operations, Production & Engineering)
(403) 221-7706
The Alberta Stock Exchange has neither approved nor disapproved
the information herein contained
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