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

To: SofaSpud who wrote (11209)	6/13/1998 6:26:00 AM
From: Kerm Yerman	Respond to of 15196

SERVICE SECTOR / Anadime ''New Plants to be built in SE Saskatchewan and Pelican Lake'' ANADIME RECEIVES PERMIT, OUTLINES STRATEGY FOR NEW PLANTS AND SERVICES CALGARY, June 11 /CNW/ - Anadime Corporation (TSE: AEM), a leading petroleum waste management specialist, today announced that it has received ministerial approval to construct and operate an oilfield waste management facility in Wilmar, Saskatchewan. ''This project exemplifies our new growth strategy, aimed at broadening our geographic coverage, and meeting our customers' need to lower cost by reducing transportation distances,'' said Owen Pinnell, CEO of Anadime. ''In addition, the current commodity price environment has led to a new set of business imperatives for Anadime and we are reducing the capital investment needed to generate new sources of revenue.'' Pinnell went on to say, ''In Canada, we are also permitting plants in Pelican Lake, Boundary Lake and Brazeau, while in California, we are pursuing a similar strategy, where the recently acquired Ventura satellite facility will compliment a second location being developed in the Bakersfield area.'' The construction schedule for these projects is subject to receipt of all government approvals and the availability of suitable financing. The Company however has scheduled construction at Wilmar, Ventura, and Bakersfield for later this year. Based in Calgary, Anadime Corporation is a leading oilfield waste management company operating throughout North America.

To: SofaSpud who wrote (11209)	6/17/1998 1:53:00 AM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Range Petroleum Takes On SW Ontario Oil/Gas Play RANGE UNDERTAKES SOUTHWESTERN ONTARIO OIL/GAS PLAY VANCOUVER, June 15 /CNW/ - Range Petroleum Corporation RAN-VSE Range Petroleum Corporation announces that it has commenced shooting the first of several 3-D seismic surveys planned for Lambton County, southwestern Ontario. This is a new focus area for the Company, offering a broad range of economic opportunities. The primary targets in this part of the Michigan Basin are Silurian pinnacle reefs, which form prolific oil and gas reservoirs. Range believes the application of modern 3-D seismic will significantly impact the exploration success in this Basin. The Company entered into this play through an arrangement with Hadley Resources Limited whose principle, Cy Hadley, has extensive experience throughout southwestern Ontario and northern Michigan. Hadley's geological knowledge of the Michigan Basin has provided Range with the direction needed to identify a number of oil and gas opportunities that will be evaluated by the 3-D seismic programs now being conducted. Range has successfully acquired exploration and gas storage rights on over 40,000 acres of land through its freehold-leasing program. Subject to the success of its 3-D seismic program, the Company expects to undertake a multi-well drilling program that could commence as early as August 1998. Range holds 100 per cent interest in this project.

To: SofaSpud who wrote (11209)	6/17/1998 2:00:00 AM
From: Kerm Yerman	Read Replies (5) \| Respond to of 15196

FIELD ACTICITIES / Westfort Energy Ltd. Drilling Update WESTFORT ENERGY LTD. PROGRESS REPORT - PELAHATCHIE DEEP UNIT 18-4 NO.1 WELL AND JOHNNY RHODES 7-6 NO.1 WELL JACKSON, MISSISSIPPI, June 15 /CNW/ - Westfort Energy Ltd., symbol WT on the Toronto Stock Exchange, released the following progress reports on its ongoing drilling operations this morning. The location for the Johnny Rhodes 7-6 well has been prepared and the spud rig is spudding in and setting conductor pipe this morning. Nabors Drilling Co. Rig 981 is moving to the location today. With an anticipated 2 days rig up time, drilling operations are expected to commence Wednesday, June 17th to a total depth of 11,500. Targets are those zones in the Lower Cretaceous formations that have produced or are still producing in offset adjoining locations. Drilling time is expected to take 20 days or less. The company intends to employ the same type drilling bits and downhole motors that have decreased drilling time in the deep 17,350 foot Norphlet well that is now being drilled in the same field. The Pelahatchie Deep Unit 18-4 No.1 well is drilling ahead at the depth of 14,800 feet. The company has decided to set the intermediate casing string at approximately 15,900 feet after drilling through the Buckner zone, a gas zone which was tested at over 1,000,000 cubic feet of gas per day in an offset well approximately 2,000 feet away. Before setting the 7'' casing string, the company will run a full suite of Schlumberger Electrical and Gamma Ray logs to fully evaluate the 24 different mud logs shows encountered thus far and also take side wall core samples for lab analysis. Approximately 4 - 5 days will be needed to log and change out the 4 1/2'' drill pipe presently being used to 3 1/2'' for the final part of the hole. Utilizing the latest technology in drilling bit design, together with a down hole motor to speed the rate of penetration, the company anticipates reaching total depth around July 4th, 1998 having spent 50 days drilling. This compares to 180 go days by Shell Oil used in 1967 and a best case prognosis by drilling experts of 76 days.