Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Charger Petroleum Inc. -- Ignore unavailable to you. Want to Upgrade?

To: surelock who wrote (31)	6/30/1999 1:31:00 PM
From: okey	Read Replies (1) \| Respond to of 58

NEWS RELEASE STATUS REPORT June 30, 1999 Calgary, Alberta Charger Petroleums, Inc. (“CHC” - ASE) announces that intermediate casing has been set in the Bach Test Well to a depth of 10,215 feet. The well has also been logged. Based on field log calculations the Bell Canyon sand within the Delaware Mountain Group appears to be productive. The top of the Bell Canyon Sand is at 4968' with good shows between 4968' – 4998', 5000' - 5010', 5024' - 5032' and 5076' - 5084'. Most of the Delaware Mountain Group production from the Delaware basin is from the Bell Canyon. In other news, Charger announces that it has entered into discussions with a major U.S. merchant banking group whereby subject to certain conditions being met by Charger, the merchant banking group will work with Charger on future financings. One of the conditions is Charger's commitment to list on a U.S. stock exchange. The Alberta Stock Exchange has neither approved nor disapproved of the contents contained in this news release. For further information on this news release and/or Charger Petroleums, Inc., kindly contact Jeffrey L. Standen, President and C.E.O. at (403) 265-4444, fax at (403) 265-4525, or e-mail: chargerenergy@home.com.