SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Dynamix Corp (DYX was Dakota Resources, DAK)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Benjamin Ng who wrote (499)10/9/1998 10:23:00 AM
From: Benjamin Ng  Read Replies (1) of 587
 
Drilling Update and Clarification

October 8, 1998

Contact: Richard LeBlanc
Executive Vice President

Immediate Release
Trading Symbol: DAK/ASE

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.

For further information please contact either of the following:

Richard LeBlanc,
Executive Vice President/Director
403-221-7715

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.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext