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

To: RIK who wrote (4906)	4/6/1998 10:35:00 PM
From: Wizzer	Respond to of 24921

Just wanted to compliment you all on a very informative thread. Very sound analysis, no arguments, and free flow of information. I also enjoy Kerm's corner. Keep up the good work. Threads like these are why I joined SI.

To: RIK who wrote (4906)	4/13/1998 10:11:00 AM
From: RIK	Read Replies (2) \| Respond to of 24921

All / UK Of interest to those following Canadian juniors in the UK....... Courage Energy Inc CEO Shares issued 22056125 1998-04-09 close $2.15 Monday Apr 13 1998 See AltaQuest Energy Corporation (AQF) News Release Mr Dan Wilson and Mr Dan Brown report A new pool oil discovery has been made at the Newton-on-Trent No. 1 well in the UK. The AltaQuest operated well was drilled to a depth of 1,404 metres. The well encountered oil in a 17 metre thick interval of porous Crawshaw sandstone and oil in a 13 metre thick interval of porous Kinderscout sandstone. Drill stem tests conducted over these two intervals indicate that initial production rates on the well are expected to be in excess of 500 barrels of oil per day. Production testing will commence as soon as regulatory approvals are received and completion and testing equipment is available. This find was drilled on a structure that appears to be approximately 4 sq km in size on 2D seismic. A 3D seismic program will be undertaken to further define this new discovery. AltaQuest, Courage and partners control 425,000 gross contiguous acres in this area of the East Midlands basin. Interests in this well are Courage with 100% before payout (BPO); 50% after payout (APO), AltaQuest with 0% BPO; 50% APO. Interests in subsequent exploration and development activities on the Newton Block will be AltaQuest 50% and Courage 50%.