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Gold/Mining/Energy : Hegco Canada Inc. -- Ignore unavailable to you. Want to Upgrade?

To: READE SMITH who wrote (2302)	9/25/2001 9:00:24 PM
From: READE SMITH	Read Replies (2) \| Respond to of 2316

Media Release...on time and on target Hegco completes construction on West Bittern Lake Hegco Canada Inc HEG Shares issued 50,544,858 Sep 21 close $0.35 Mon 24 Sept 2001 News Release Mr. Rodney Babb reports Hegco Canada and its wholly owned subsidiary, Red Leaf Energy Inc., have completed construction of the West Bittern Lake pipeline project located in central Alberta, Canada. Two of three wells are flowing gas through the line for a total initial rate of one million cubic feet per day. The third well is expected to be connected this week. Production rates will be increased on an incremental basis to maximize well performance for long-term reserve recovery. Rodney A. Babb, states, "The production rates and pressures associated with the new well connects are consistent with expectations." Additionally, the company has accepted the resignation of Doug Hewitt from the board of directors.