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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (4314)	12/11/1997 1:31:00 PM
From: Philip Nolan	Read Replies (1) \| Respond to of 24905

Kerm/UDM Hi Kerm, any comments on UDM's release from today? Kansas well drilled to 1580 ft U.S. Diamond Corp UDM Shares issued 9,055,869 Dec 10 close $0.33 Thu 11 Dec 97 News Release Mr William Friesen reports The initial well in Chautauqua County, Kansas, has been completed to a depth of 1580 ft. Initial indications are that there are approximately 18ft of oil bearing sands in the Wiser zone (950-1007 ft) and that the Mulky zone (1200 ft) has been tested and will produce up to 175,000 cubic ft of gas per day. Leasing is continuing in the area and a second well is projected to be drilled before the end of the year. TIA Philip