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Microcap & Penny Stocks : paramax resources -- Ignore unavailable to you. Want to Upgrade?

To: Flea who wrote (179)	10/8/1999 12:32:00 PM
From: Flea	Respond to of 246

Paramax completes production equipment at West Delta well Paramax Resources Ltd PXM Shares issued 5,970,100 Oct 7 close $0.36 Fri 8 Oct 99 News Release Mr. James Owen reports The company has a 5-per-cent working interest (3-per-cent working interest after payout) in the West Delta block No. 78 oil well, offshore Louisiana, and a 2-per-cent working interest in the 5,000-acre lease block. The company has been advised by the well operator that the pipeline connecting the well to the production platform and all connections have now been completed. All relevant permits have been obtained and production from the well has been tested through the pipeline and production equipment. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com