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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (12979)	10/23/1998 6:06:00 AM
From: Herb Duncan	Read Replies (2) of 15196

FIELD ACTIVITIES / Sunburst Announces Developments on Drayton Valley Properties ASE SYMBOL: SBS OCTOBER 22, 1998 EDMONTON, ALBERTA--Sunburst Oil & Gas Inc. announces that it has commenced action against Culshaw Petroleum Services Inc. and other Defendants for damages in the sum of $1,200,000 suffered by reason of the improper drilling of a horizontal leg on an oil well located at LSD 16-20-48-8-W5M. The improper drilling resulted in damage to the well bore and loss of production from the well. In turn, a number of parties have commenced action against Sunburst and its wholly owned subsidiary Western Canada Energy (1996) Ltd. for claims for work and materials in relation to the drilling of the well. These actions are being defended by Sunburst. Sunburst is actively seeking arrangements to drill a new well on the Drayton Valley properties to exploit the oil reserves on those

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