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


To: Herb Duncan who wrote (11084)6/3/1998 1:06:00 PM
From: SofaSpud  Read Replies (1) | Respond to of 15196
 
FIELD ACTIVITIES / Corridor Res. Anticosti

FIRST ANTICOSTI WELL SPUDDED TODAY - CORRIDOR RESOURCES INC.

HALIFAX, Nova Scotia, June 3 /CNW/ - Corridor Resources Inc. (CDH-ASE)
announced today the spudding of the Roliff No. 1 exploration well on Anticosti
Island. The well is the first of two wells to be drilled this summer as part
of a four well farm-in by Shell Canada Limited and Encal Energy Limited on
licenses held by Corridor. Corridor is being carried for all exploration
expenditures by the farm-in partners. The Roliff well is expected to reach a
total depth of approximately 3,100 meters by late July. Shell is the operator.
Corridor is a junior natural resource corporation focussing on oil and
gas exploration in eastern Canada. The head office of Corridor is located in
Halifax, Nova Scotia, and its common shares trade on the Alberta Stock
Exchange under the symbol CDH.

The Alberta Stock Exchange has neither approved or disapproved the
information contained herein.

-30-
For further information: Norman Miller, President, Corridor Resources
Inc., No. 301, 5475 Spring Garden Road, Halifax, Nova Scotia, B3J 3T2, Tel:
(902) 429-4511; Fax: (902) 422-6715; E-mail: info@corridor.ns.ca; URL:
www.corridor.ns.ca