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Gold/Mining/Energy : CVL Resources (CVL:VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Sapper who wrote (184)	4/15/2000 10:17:00 AM
From: Sapper	Read Replies (1) \| Respond to of 196

Aster et al EKHO No. 1 well reaches 18,000 feet CVL Resources Ltd CVL Shares issued 37,247,500 Apr 13 close $0.58 Fri 14 Apr 2000 News Release See Aster Ventures Corp (ASV) News Release Mr. David Patterson reports The EKHO No. 1 test well, spudded Feb. 7, 2000, has drilled past 18,000 feet and has reached the Vedder sands. The total target depth for the well is 19,500 feet. On the way to 18,000 feet the EKHO No. 1 has passed through numerous zones of interest. These zones will be tested after the well has reached its target depth. The operator is currently coring the Ekho No. 1 in the Vedder sands interval below 18,000 feet as has been previously planned. This is the same zone that produced in the offsetting Tenneco-Great Bassins 66x-3 well. Coring will provide maximum information regarding resource parameters and will also provide the information to maximize the completion. Nine Canadian Venture Exchange (CDNX) resource companies and various individual investors have financed the EKHO No. 1. The EKHO consortium includes, Aster Ventures Corp. (ASV.V) 20 per cent, Curion Venture Corp. (CUV.V) 20 per cent, Lucre Ventures Ltd. (LVD.V) 12 per cent, Berkshire International Mining Ltd. (BKR.V) 10 per cent, CVL Resources (CVL.V) 9.64 per cent, Consolidated Bradbury International Equities (CBN.V) 5 per cent, Curlew Lake Resources (CWQ.V) 5 per cent, Pan Ocean Explorations (POE.V) 5 per cent and Prairie Pacific Energy Corporation (PRP.V) 5 per cent. Tri-Valley Corporation is the publicly traded parent (OTC BB: TRIL) of Tri-Valley Oil & Gas Co., EKHO project operator. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com