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Gold/Mining/Energy : C.DOY Doreal Energy Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Nikole Wollerstein who wrote (37)4/11/1998 9:47:00 PM
From: Ryan K  Respond to of 133
 
The current well in Columbia has quit high est. prob. for success @ 70% for a commercially feasible showing and 30% for a larger showing. If this well is successful hopefully it will give a good baseline for the second well in Portugal.

The have chosen a new drill location for the second well in Portugal and should be drilling it around August. The second well has an est. prob. for success @ 25-28% (a lot better then the first well which had an est. prob. for success @ 5%, but is still low)

In December, if 1st Columbia well is successful, they plan to drill another well.



To: Nikole Wollerstein who wrote (37)4/13/1998 9:03:00 PM
From: Ryan K  Respond to of 133
 
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: DOREAL ENERGY CORPORATION

ASE SYMBOL: DOY

APRIL 13, 1998

Doreal Energy: Colombian Exploration Update: Mateguefa
No. 1 Well Reaches T.D.

VANCOUVER, BRITISH COLUMBIA--Doreal Energy Corporation announces
that the Mateguefa No. 1 exploration well, drilled by Heritage
Minerals Ltd. in the Llanos Basin of Colombia, has reached total
measured depth of 10,043 feet. The true vertical depth of the
well is 9,545 feet.

Casing will be run to total depth. An evaluation program will
begin shortly to test the hydrocarbon indications as observed on
electric logs and the mud log.

Partners in the 240,000 acre Tapir Association Contract are,
Ampolex (Colombia) Inc. (Mobile Oil Company), Seven Seas Petroleum
Inc., Mohave Colombia Corporation and Heritage Minerals Ltd.
Doreal has a 12.5 percent working interest and an 11.7 percent
revenue interest in the Association Contract.

On Behalf of the Board of Directors,

James H. Dorman

President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Doreal Energy Corporation
Ian Gallie
(250) 598-9091
dorealenergy.com



To: Nikole Wollerstein who wrote (37)4/15/1998 6:07:00 PM
From: Ryan K  Read Replies (1) | Respond to of 133
 
Doreal Energy: Special Warrants Financing Oversubscribed

ASE SYMBOL: DOY
OTC Bulletin Board SYMBOL: DEG.CF

APRIL 15, 1998

VANCOUVER, BRITISH COLUMBIA--Doreal Energy Corporation is pleased
to announce that the previously announced Special Warrant
Financing has been oversubscribed and the Offering is closed.
Doreal issued 1,000,000 Special Warrants at $1.10 per Special
Warrant to raise $1,100,000.

Each Special Warrant will be exercisable into one common share of
Doreal for no additional consideration and one share purchase
warrant exchangeable into one common share at $1.75 per warrant
for one year from the date of closing.

The Special Warrants will be cleared for trading by a prospectus
which management is currently finalizing.

Goepel McDermid Securities acted as exclusive agent in this
Special Warrants financing.

On Behalf of the Board of Directors,

James H. Dorman, President and CEO

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Doreal Energy Corporation
Ian Gallie in Victoria, B.C.
(250) 598-9091
Website: dorealenergy.com

The Alberta Stock Exchange has neither approved nor disapproved
the information contained herein.

Closed today at 1.35