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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (14310)	12/16/1998 5:19:00 AM
From: Kerm Yerman	Read Replies (3) of 15196

CORP ANNOUNCEMENT / Scimitar Hydrocarbons Corporation - Gerald Mackenzie resigns from Board of Directors CALGARY, Dec. 15 /CNW/ - Scimitar Hydrocarbons Corporation (''SIY''- ASE) announces that Gerald A. Mackenzie has resigned from the Scimitar Board of Directors effective December 15, 1998. On behalf of the Board of Directors, the Company wishes to express its appreciation to Mr. Mackenzie for his significant contributions to the Company's project development efforts over the past four years, including initial negotiation of the agreements leading to Scimitar's Petroleum Service Agreement for the Issaran field in Egypt. Mr. Mackenzie has been a director since the Company went public in September 1995 and was Chairman of the Corporation from January 1996 through May 1998. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

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