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Gold/Mining/Energy : Energas Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Leigh McBain who wrote (693)6/6/2000 6:22:00 PM
From: Ken Hillcoff  Respond to of 721
 
Press Release from this afternoon:

ENERGAS RESOURCES INC ("EEG-V;EGSRF-L") - In Negotiations To Acquire A Producing Natural Gas Property
Energas Resources Inc. (the "Company") is in the process of negotiations to acquire a producing natural gas property located in Oklahoma. There is no assurance at this time that an agreement will be entered into. As well, any transaction will be subject to the acceptance and approval of the CDNX. Further announcements will be forthcoming.

This release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Readers should not place undue reliance on the forward-looking statements, which reflect the management's view only as of the date hereof. Energas undertakes no obligations to publicly revise these forward-looking statements to reflect subsequent events or circumstances. TEL: (405) 879-1752 G. Scott Shaw, VP Corporate Development FAX: (405) 879-0175 WEBSITE: www.energasresources.com

Ken