Amalgamated Exploration Inc (AXPL) Message Board

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Gold/Mining/Energy : Amalgamated Exploration Inc (AXPL)

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To: S. Thomas who wrote (75)	3/6/1997 4:22:00 PM
From: S. Thomas	of 117

To All interested: News release by the company today: ********** Thursday March 6 2:52 PM EDT ADVISORY/Amalgamated Explorations to conduct technology demonstration --(BUSINESS WIRE)-- Amalgamated Explorations (NASDAQ/BB:AXPL) will be conducting a demonstration of its recently acquired electrotelluric survey Friday March 7 at 9 a.m. at the Holiday Inn Select in San Antonio. The electrotelluric survey uses the Earth's natural electromagnetic fields to detect oil and gas deposits, disclosing the location of deposits to depths of 17,000 feet. This new patent pending technology is the latest in oil and gas exploration. This technology can detect the actual hydrocarbon through anomalies in ultra-low frequency electromagnetic waves. The survey can be completed in five minutes, gives instant infield results and is totally non-invasive. Unlike seismic, there is no environmental damage from the survey. Interested parties should meet at: Holiday Inn Select San Antonio Airport 77 N.E. Loop 410 San Antonio, Texas 210/349-9900 or 800/HOLIDAY Amalgamated's officers will be on hand to answer questions and escort attendees to the test sites for live deomonstrations of the electrotelluric survey. The media is strongly encouraged to attend, as this will be an extremely newsworthy event. Don't be late. R.S.V.P.: Vivienne Bussierre-Charbonneau, 619/552-0295 ext. 17. For more information about Amalgamated Explorations and the electrotelluric survey, visit the company's Web page at: findoil.com . CONTACT: Amalgamated Explorations Inc. Vivienne Bussierre-Charbonneau, 619/552-0295 ext. 17 ****************

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