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

To: Kerm Yerman who wrote (11530)	6/30/1998 5:29:00 AM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Anvil Resources Test Results From Webb County Well Initial Results of the Testing Program on Anvil's First Natural Gas Well in Webb County, Texas VANCOUVER, British Columbia, June 29 /PRNewswire/ -- Further to the News Release of May 7, 1998 and June 8, 1998, the Company is pleased to announce the results from tests conducted on one of the several potentially productive Wilcox sands encountered in the drilling of Anvil's first well in Webb County, Texas. The first sand tested is 30 feet thick, and was perforated over a 10 foot interval. The initial natural flow rate was 125 MCFD (125 thousand cubic feet per day) of gas. After the fracing program on this sand, the well flowed during the clean up of frac fluids over a three day period, at rates between 1000 MCFD (1 Million cubic feet per day) and 1400 MCFD (1.4 million cubic feet per day) of gas with associated light crude oil on a 16/64 inch choke. The Company will continue the testing program over the next few weeks on this well on several of the other Wilcox sands with similar characteristics which it encountered in the drilling of this well. The Company anticipates that when these additional sands are perforated and fraced they will add to the productivity of the well. Due to the positive results obtained to date from this first well, a second well location has been permitted and Anvil (Alberta: ANV) has requested the operator to prepare an A.F.E. (authorization for expenditures) for the drilling of a second well.