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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (8167)	12/30/1997 8:14:00 AM
From: Herb Duncan	Read Replies (2) \| Respond to of 15196

FIELD ACTIVITIES / Texalta Petroleum Ltd. Announces Production Test Results ASE SYMBOL: TEX.A DECEMBER 23, 1997 CALGARY, ALBERTA--Texalta Petroleum Ltd. wishes to announce the completion production testing at its recently completed development well at West Queensdale Saskatchewan. The 7-26-6-2 W2M well produced an average daily fluid of 153bbl per day (24.3 cubic meters) with an oil cut of 70 percent which gives an average I.P. of 107bbl per day (17 cubic meters/day). This well which Texalta has a 61 percent working interest is currently being connected to the company's nearby plant. Further drilling in this area is planned for the first quarter of 1998.