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Gold/Mining/Energy : Vulcan Minerals - C.VUL -- Ignore unavailable to you. Want to Upgrade?

To: Len Hynes who wrote (233)	6/13/1999 10:37:00 AM
From: Killick	Read Replies (1) \| Respond to of 415

Thanks Len Lets hope to see some action in the near future. Wouldn't it be nice to see Vulcan hit a home run on this one. I have hung onto my shares of Vulcan for a long time basically on gut feeling something I have never done before. cheers killick

To: Len Hynes who wrote (233)	6/14/1999 12:39:00 PM
From: Buckey	Respond to of 415

PCP upoped the drilling ante out west techstocks.com Would they even have the pipe out of the hole yet??? Just taking a long shot stab that they might take another whack at Shoal pt??

To: Len Hynes who wrote (233)	7/12/1999 7:44:00 AM
From: jerry janko	Read Replies (1) \| Respond to of 415

Len, any news on permit approval? Not like you to be quiet for over two weeks. Looking for current status update when you have time. cheers, jerry

To: Len Hynes who wrote (233)	7/12/1999 10:24:00 AM
From: CIMA	Respond to of 415

Expecting Shoal Point news hopefully soon too: Pan Ocean Explorations to participate in EKHO project Curion Ventures Corp CUV Shares issued 11,041,146 Jul 9 close $0.62 Mon 12 Jul 99 News Release See Pan Ocean Explorations Inc (POE) News Release Mr. Brent Jardine reports Pan Ocean Explorations Inc. has entered into a letter of intent with Tri-Valley Oil and Gas (TVOG) and a consortium of junior companies to earn an interest in and to carry out exploration on TVOG's EKHO project. The EKHO project is a deep oil and gas exploration project in the San Joaquin Valley, Keria County, Calif., a prolific oil and gas province. The area of mutual interest (AMI), which forms the basis of negotiations, covers approximately 261 square miles (167,000 acres) and is east of the now-famous Bellevue No. 1 blowout well. The Bellevue No. 1 well hit an uncontrollable high-pressure gas zone in November, 1998, at 17,657 feet and blew out and ignited. The well flowed uncontrolled for two weeks at an estimated rate of 100 million cubic feet per day. Under restricted flow the well averaged approximately 10 mmcfd and more than 400 barrels condensate per day for several months until it was plugged on May 28, 1999 (Source: Bakersfield Californian Online). Prior to this blowout, the deepest onshore producing oil well in California was at 14,570 feet and the deepest producing gas well at 12,576 feet. The Bellevue No. 1 blowout demonstrated that California's Great Central Valley has the potential to exploit even deeper reserves of oil and gas and the flow rates indicate that giant reserves of oil and gas are possible. The consortium of junior companies (the participants) participating in the EKHO project and their respective interests are as follow: Stock Exchange Company Symbol Trading % Aster Ventures Corp. VSE ASV 20 Curion Venture Corp. VSE CUV 20 Berkshire International Mining Ltd. VSE BKR 10 Luere Ventures Ltd. VSE LVD 10 Consolidated Bradbury Intl. Equities Ltd. VSE CBN 5 Curlew Lake Resources Inc. VSE CWQ 5 Pan Ocean Explorations Inc. VSE POE 5 Prairie Pacific Energy Corp. ASE PRP 5 Royal International Venture Corp. VSE RIL 5 Reserved for other parties - - 15 TVOG has a 12.5-per-cent carried interest to pay-out which then converts to a 25-per-cent working interest. To earn its workings interest, each participant will be required to finance its proportionate share of the reimbursement of certain of TVOG's property acquisition costs and the proportionate cost of the initial work program. All subsequent work programs will be carried out as a joint venture and will require a pro-data financial contribution from each participant or the participant will be subject to dilution. TVOG based in Bakersfield, Calif., has been active in Kern County for more than 36 years. TVOG began leasing acreage in the AMI in 1997 after identifying the potential for deep hydrocarbon reserves in the project area through the interpretation of extensive data. To date TVOG has leased all or part of 26 sections and negotiations are continuing to acquire additional acreage in the AMI. The EKHO poject's primary targets will be the Vedder and Upper Phacoides sandstones, which are part of the Lower Miocene Temblor formation. It has been reported that the Bellevue No. 1 well is producing from the upper part of the Temblor formation. The high-flow rates in the Bellevue No. 1 well are attributed to fracturing. Proprietary data held by TVOG indicate that similar geologic structures, including significant fracturing, may be present within the EKHO project area. The similarities that exist between the stratigraphy and structure of the Bellevue No. 1 and the EKHO project area, coupled with presence of oil and gas in surrounding wells, indicate that the EKHO project has the potential for a discovery similar to Bellevue No. 1. A work program to test the various targets in the Temblor formation to an estimated depth of 18,000 feet is currently being prepared. The cost of this work, program and property acquisition is estimated to be $9-million (U.S.). The estimated cost to be incurred by the company to earn its interest will be $450,000 (U.S.), which is to be paid within 21 days from the date of entering into a participation agreement with TVOG. Halliburton Energyy Services, a Fortune 100 company and the world's largest oil field service firm, will provide TVOG and the participants technical services and support on a preferred basis during drilling, completion and production of the EKHO project well. Subject to the parties completing a prticipation agreement and a joint operating agreement, it is anticipated that activity in the field will begin in August, 1999. Pan Ocean has arranged the exercising of 1,636,362 warrants at a price of 38 cents for a net proceeds to the company of $622,000 (Canadian). Use of proceeds will meet all of the company's financial commitments for the EKHO project. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com