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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Drolet who wrote (647)6/26/1998 3:53:00 PM
From: C  Respond to of 1288
 
Here is the latest:

ww2.newswire.ca

WESTFORT ANNOUNCES LOGGING RESULTS - PELAHATCHIE DEEP UNIT 18-4 NUMBER 1 WELL

JACKSON, MISSISSIPPI, June 26 /CNW/ - Westfort Energy Ltd, symbol WT on
the Toronto Stock Exchange, announced that the company has reached the depth
of 15,900 feet. Log evaluations have been run as well as sidewall cores
taken. The company announced that numerous zones have so far been evaluated
to be commercial by log analysis and preliminary core lab results. More in
depth studies are being conducted. The company expects further evaluation
evidence by the first of next week and will give more definite news at that
time.
The company plans to now set 7'' casing to 15,900 feet, cement the same
in place, and then continue drilling 5'' hole to total depth of 17,350 through
the Smackover zone and down to the Norphlet zone. Total depth and evaluation
of the next two anticipated zones is expected by July 4th.
On other news, the Johnny Rhodes 7-6 well being drilled in the same field
has reached a total depth of 6150 feet and could reach total depth of 11,500
feet by midweek of next week.

The Toronto Stock Exchange has neither approved nor disapproved of this
release.

On behalf of the Board,

Whitney Pansano
President