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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)

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To: Omar who wrote (845)	4/20/1999 2:05:00 AM
From: RonS	Read Replies (1) of 866

More news on the drilling of Huinga-1 well Dear Shareholders: An up-date on the Huinga-1 well (Indo-Pacific interest 19.8%). Bligh Oil Ltd. (the operator) reports the well currently at a depth of approx. 5500 ft. and will begin directional drilling toward the first primary target, the Tikorangi Formation, expected to be encountered at approx. 8700 ft. The well is scheduled to be completed mid-May. The first link, listed below, contains a map with the location of the well and the second, photographs of the Parker 246 rig. transorient.com transorient.com Gary Saik, Investor Relations Indo-Pacific Energy Ltd. Ph............415-951-1917 gs@indopacific.com www.indopacific.com

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