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Gold/Mining/Energy : Essex Resource Corporation Up Over 33%! (T.ESX) -- Ignore unavailable to you. Want to Upgrade?


To: Lorne who wrote (1339)11/15/1999 4:12:00 PM
From: SuperValu  Read Replies (1) | Respond to of 1394
 
Essex News - Drilling to Start

ESSEX RESOURCE CORPORATION ("ESX-T") - Semhari East - 1 Well Spudded

Mr. Ian Rozier, Chairman of Essex Resource Corporation (the "Company") is pleased to announce that the Semhari East - 1 oil exploration well on the Hassi Bir Rekaiz concession in Algeria has spudded. The well will be drilled to total depth of approximately 3,800 metres, targeting the Triassic
and Ordovician reservoirs, the most prolific reservoirs in the region. It is anticipated that drilling will take approximately 90 days to complete. A second well will be drilled immediately following completion of Semhari East - 1. TEL: (604) 685-6851 Gorden Smith, Mike Waggett or Don Myers

FAX: (604) 685-6493 Kego Capital Internet:

essexresource.com