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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: Taff who wrote (6316)	10/29/1999 6:05:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 15703

**NEWS RELEASE** Hilton acquires 800,000 shares of Trimark Oil & Gas Trimark Oil & Gas Ltd TMK Shares issued 4,344,810 Oct 28 close $1.85 Fri 29 Oct 99 News Release See Hilton Petroleum Ltd (HTP) News Release Mr. Nick DeMare reports The company has acquired 800,000 common shares of Trimark Oil & Gas Ltd. by way of a private transaction. The company now owns 1.96 million shares, representing approximately 14 per cent of the issued shares of Trimark. The shares were purchased for investment purposes. Trimark owns a 1-per-cent working interest in the East Lost Hills joint venture and a 3-per-cent working interest in the greater San Joaquin (GSJ) basin joint venture. The company considers the ELH and GSJ joint ventures to be assets of significant merit and wishes to ensure it retains sufficient control over the affairs of Trimark to have some influence over these assets. The company has no current intention to acquire additional Trimark shares. No person acts jointly or in concert with the company in connection with the acquisition of the Trimark shares. This press release is being made pursuant to Section 111 of the Securities Act (British Columbia). (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com