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Microcap & Penny Stocks : Kismet Energy (KISS) is taking off on PennyStock Picks!

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To: Bearcatbob who wrote (70)5/19/1999 12:39:00 PM
From: J.L.  Read Replies (1) of 138
 
Out of the blue comes news;

JL

Wednesday May 19, 11:55 am Eastern Time

Company Press Release

Kismet Energy Obtains 70% Working Interest to
Drill Exploratory Prospects in Arkoma Basin, Okla.
With Energas Corp.

BAKERSFIELD, Calif.--(BUSINESS WIRE)--May 19, 1999--Kismet Energy Corporation (the ''Company'')(OTC
BB:KISS) is pleased to report that it has obtained a 70% working interest to drill exploratory prospects in the Arkoma Basin,
Oklahoma with Energas Corp.

The primary focus of the drilling will be natural gas targets identified in eastern Oklahoma. The first prospect to be drilled lies in
the giant Kinta field area, which is projected to have cumulative production of 3 TCF (trillion cubic feet) of natural gas by the
year 2000. The drilling plans on this prospect are being finalized by the two companies and date of commencement of drilling
will be announced shortly.
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