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To: Herb Duncan who wrote (11579)7/3/1998 3:07:00 PM
From: SofaSpud  Respond to of 15196
 
APPOINTMENTS / Neutrino board

NEUTRINO ANNOUNCES APPOINTMENTS

CALGARY, July 3 /CNW/ - Neutrino Resources Inc. today announced changes
to its Board of Directors and Officers following the successful takeover of
Neutrino Resources by Southern Mineral Corporation of Houston. The new Board
of Directors of Neutrino now consists of Jeff Arsenych, David Beckwermert,
Steven Mikel and James Price. Messrs. Arsenych and Beckwermert are currently
officers of Neutrino and Mr. Arsenych has been a director since the company's
inception in 1993. Messrs. Mikel and Price are, respectively, the President
and Chief Executive Officer, and Vice-President, Finance and Chief Financial
Officer of Southern.
In addition, Mr. Arsenych was appointed Chairman and Chief Executive
Officer of Neutrino and Mr. Beckwermert was named President and Chief
Operating Officer.
The outgoing directors of Neutrino are Douglas Mitchell, QC, Butch Bauer,
Brian Bayley, Brent Bullen, Scotty Cameron, Gregory Daniels, Murray Sinclair,
and Robert Pierce, QC. Neutrino expresses its great appreciation for the
valuable service these gentlemen have provided during their tenure with the
company.
Southern Mineral Corporation is an oil and gas acquisition, exploration
and production company that owns interests in oil and gas properties located
along the Gulf Coast, Mid-Continent, Canada and Ecuador. The Company is
listed on the NASDAQ National Market under the symbol SMIN. Neutrino is
presently listed on The Toronto Stock Exchange (trading symbol ''NTO'').

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For further information: Jeff Arsenych, Chairman/CEO or David
Beckwermert, President/COO, (403) 215-3500, Fax: (403) 215-3501, Email:
info@neutrino.net




To: Herb Duncan who wrote (11579)7/3/1998 3:18:00 PM
From: SofaSpud  Respond to of 15196
 
FIELD ACTIVITIES / Bison Innes Well & Flo thru

BISON RESOURCES LTD. DRILLING UPDATE, FLOW-THROUGH SHARE PRIVATE PLACEMENT

CALGARY, July 2 /CNW/ - Bison Resources Ltd. (''Bison'') (ASE: BIS.A)
announced today the successful completion of an oilwell in the Innes area of
Southeast Saskatchewan. The well was operated by a third party and initial
indications are that it will produce at its maximum allowable of 200 barrels
of oil per day. Bison retains a 45% working interest in the production. In
addition, drilling operations on a 100% working interest multi-lateral
horizontal well in the Huntoon area of Southeast Saskatchewan have been
completed and Bison is commencing production testing on this well.
Bison also announced that the company has completed a private placement
of 2,000,000 flow-through shares at $0.50 per share ($1,000,000) which was
approved by the shareholders of Bison at the December 30, 1997 shareholders
meeting.
Bison Resources Ltd. is an oil & gas corporation whose shares are listed
for trading on The Alberta Stock Exchange under the symbol BIS.A.

The Alberta Stock Exchange has neither approved nor disapproved of the
form or contents of this release
-30-
For further information: Kevin D. Dumba, Vice President Finance, Bison
Resources Ltd., (403) 266-5565, Fax: (403) 266-8886



To: Herb Duncan who wrote (11579)7/3/1998 3:20:00 PM
From: SofaSpud  Read Replies (2) | Respond to of 15196
 
CORP. / Mantaur farm-in; Trinidad

MANTAUR PETROLEUM CORPORATION

Stock Symbol: ''MTUR'' - CDN

TORONTO, July 2 /CNW/ - Enron Gas & Oil Trinidad has advised Mantaur's
Eastern Petroleum subsidiary that Enron will not honour the terms of its Farm
In Agreement for the East Brighton offshore project in Trinidad. On October
10, 1997, Enron undertook, subject only to Trinidad government approvals, to
reimburse seismic costs of US$1.2 million and pay 100% of the costs of an
exploratory well on the East Brighton offshore Block and thereby earn a 50%
interest in the 82 km(2) property.
Eastern acquired a 70% interest in the property from Premier Oil B.V.
under an agreement which terminated June 30, 1998. An appropriate extension is
now being discussed. The purchase from Premier provided for the same cash and
drilling obligations of Eastern as were negotiated in the Eastern/Enron
agreement.
Premier is supportive of Eastern/Mantaur's continuing effort to replace
Enron with a suitable partner to fund the project and discussions are
currently being held with several interested oil companies.
In the period October 10, 1997 to June 23, 1998 Enron continued to
express its intent to proceed under the Agreement. The Trinidad government
approvals for the transaction with Enron and Eastern were led by Enron but
were delayed for six months because of a disagreement between Enron and the
Trinidad state oil company (''Petrotrin'') on matters completely unrelated to
East Brighton. The dispute was resolved in May and the Petrotrin approval
received on May 7, 1998, naming Enron as operator of the Petrotrin/Eastern/
Enron joint venture for the East Brighton property. In the period May 7 to
June 23rd, Enron actively worked with Eastern, Petrotrin and Premier to
conclude agreements, obtain a six month extension to the drilling date and
secure a rig. This joint work was essentially completed when Enron Trinidad
advised of a corporate decision to withdraw.
In light of the foregoing, Mantaur is considering its options including
legal action if necessary.
Mantaur Petroleum is a Canadian oil exploration company focussing on its
projects in Trinidad and Mongolia. Mantaur is presently reviewing two other
large international natural gas and oil projects. The presently issued share
capital of Mantaur is 19,382,310 common shares (20.6 million shares fully
diluted).



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For further information: Gary J. Last, President, Telephone:
(416) 363-9203, Facsimile: (416) 363-9015