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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (14036)12/4/1998 1:51:00 AM
From: Kerm Yerman  Read Replies (1) of 15196
 
FIELD ACTIVITIES / Ridgeway Petroleum Corp. - Arizona / New Mexico
CO(2) / Helium Project

CALGARY, Dec. 3 /CNW/ - The Bureau of Land Management (''BLM''), Socorro
Field Office of the United States Department of the Interior, is preparing an
environmental impact statement (''EIS'') to address the potential effects of
developing and producing Ridgeway Petroleum Corp.'s ''Arizona/New Mexico
CO(2)/Helium Project''. The BLM's goal is to complete the EIS by mid-year
2000.

An EIS is a detailed report of the potential effects on the human,
natural, and cultural environments that could result from the proposed project
and it must provide full and fair discussion of potential effects on the
environment and a range of reasonable alternatives that avoid or minimize
adverse impacts, or enhance the quality of the environment.

The BLM has recently issued a scoping notice to give interested parties
an opportunity early in the project to participate in the development of the
EIS. Four public scoping meetings will be held during the month of December.

During the preparation of the EIS, Ridgeway will continue to examine
various proposals for the near-term development of an industrial park in the
Springerville area of Arizona which could include the construction of a liquid
CO(2) plant. Preparation of engineering studies and well testing activities
are continuing.

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