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


To: SofaSpud who wrote (11420)6/23/1998 11:35:00 PM
From: Kerm Yerman  Respond to of 15196
 
FIELD ACTIVITIES / TMT Resources Swan Hills Update

TMT RESOURCES INC. ANNOUNCES SWAN HILLS UPDATE

VANCOUVER, June 23 /CNW/
TMT Resources Inc.
(TMT-VSE)

Mr. Randy Schuette, President T.M.T. Resources Inc. (''TMT''), announces
that Management has contracted a service rig for the purpose of logging the
cased portion of the horizontal well in order to determine, and proceed with,
optimum perforation. Currently 305 meters of the horizontal well at Swan
Hills remains cased in the producing formation. Work is scheduled to commence
on Monday, June 29, 1998.

Management is reviewing several merger and acquisition candidates within
Canada.