To: Jim Bishop who wrote (83656 ) 5/2/2001 7:09:33 PM From: Dwayne Hines Read Replies (1) | Respond to of 150070 Company name and stock symbol = EDIS Forward event:_Falcon Well 2 estimates Impact date:____Week of May 7____________________ Reliable source: link to news etc. > Press Release Earth Search Sciences, Inc. to Release Falcon 2 Estimates KALISPELL, Mont.--(BUSINESS WIRE)--May 2, 2001--Earth Search Sciences, Inc. (OTCBB:EDIS - news) announced today that estimates for the Falcon 2 well will be ready sometime during the week of May 7th. ``The well has been producing very nicely for us since July of 2000,'' said Larry Vance, Chairman of Earth Search. ``We believe it's time to tell our shareholders what a discovery of this kind means to our company over the long term.'' Earth Search's petroleum geologist is finalizing the estimate of reserves and plans to confirm next week's estimates with a third party unrelated engineering firm. ``We hope to make some projections based on our reserves as well as our potential participation in other projects,'' said Rory Stevens, CFO of Earth Search. Earth Search's in house application of its Probe 1 hyperspectral data collection and processing has opened several potential avenues of profit for the company. ``We are very optimistic about our ability to use our own technology to enter industries that usually require high risk and large amounts of capital. By applying our data as currency for specific projects, the data becomes a powerful lever in negotiating how we enter into projects in order to keep the risk down, minimize the capital outlay and maximize what our share of the profits will be,'' said Vance. For more information call 406/751-5200 or e-mail earthsrch@aol.com or www.earthsearch.com.