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


To: Kerm Yerman who wrote (10299)4/23/1998 11:18:00 PM
From: Kerm Yerman  Respond to of 15196
 
CORP. / Centurion Energy International V.P. Exploration Appointment

CENTURION ENERGY INTERNATIONAL INC.
TSE SYMBOL: CUX

APRIL 23, 1998

Centurion Announces Senior Vice-President, Exploration

CALGARY, ALBERTA--Said Arrata, President & CEO of Centurion Energy
International Inc., is pleased to announce the appointment of Dr.
A.R. (Hany) Elsharkawi, Ph.D., P.Eng., to the position of Senior
Vice-President, Exploration.

Dr. Elsharkawi has been active in the oil and gas industry for
over 23 years, and his international involvement began in 1982.
Since then, he has held key positions in the industry, most
recently as president of Canadian Petroleum North Africa, a wholly
owned subsidiary of Canadian Occidental Petroleum. In his new
capacity, Dr. Elsharkawi will be responsible to oversee
Centurion's exploration and business development opportunities.
The expertise he brings to Centurion will complement a strong
international management team with a focused corporate strategy
for continued growth into the next century.

Centurion, a dynamic oil and gas company headquartered in Calgary,
Alberta, focuses on exploration and production in North Africa,
and currently has exploration and production in Tunisia and
exploration concessions in Egypt. Centurion trades on the Toronto
Stock Exchange under the symbol CUX.



To: Kerm Yerman who wrote (10299)4/23/1998 11:52:00 PM
From: Kerm Yerman  Respond to of 15196
 
CORP. / Colt Energy Inc. Announcement

COLT ENERGY INC.
ASE SYMBOL: COE

APRIL 23, 1998

Colt Energy Inc. - Announcement

MONTREAL, QUEBEC--Colt Energy Inc. (the "Corporation") announces
that, at this stage, it will not be proceeding with the grant of
stock options to acquire up to 1,530,000 common shares (the "Stock
Options") of the company at a price of $0.72 per share as
announced on March 30, 1998. The Stock Options were to be granted
to directors, officers, employees and/or consultants of the
Corporation.