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


To: Kerm Yerman who wrote (11658)7/9/1998 5:03:00 AM
From: Kerm Yerman  Read Replies (1) | Respond to of 15196
 
SERVICE SECTOR / Canadian Crude Separators Inc.'s New Oilfield
Landfill

CANADIAN CRUDE SEPARATORS ANNOUNCES NEW OILFIELD LANDFILL IN FOX
CREEK ALBERTA

Date: 7/8/98 12:50:15 PM
Stock Symbol: CCR

Canadian Crude Separators Inc. (CCS) announced today the start of
construction on its newest Class II Oilfield landfill near Fox Creek,
Alberta. This landfill will provide a much needed service to the large number
of oilfield companies located in the Fox Creek and surrounding areas who are
looking for economical non-dangerous, solid oilfield waste disposal. The
landfill will be located approximately 9 km east of Fox Creek on Highway 43.
CCS currently operates a Class II Oilfield Landfill in Mitsue, AB, near Slave
Lake.

All of the necessary approvals, including the Alberta Energy and Utilities
Board approval, have been received and construction is expected to start
immediately. The company has committed to spend $1,500,000 this summer to
develop the site and install infrastructure to begin Phase I operations this
fall. Phase I will provide capacity for 300,000 tonnes of waste disposal,
with planned future phases able to provide capacity for up to 1,000,000
tonnes of waste disposal. CCS has additional land at this site for more
phases, if markets warrant expansion beyond these volumes.

CCS is committed to provide safe, reliable, and cost-effective disposal of
processed oilfield waste solids and contaminated soils. The landfills are
engineered to meet or exceed all requirements outlined for Class II oilfield
landfills. Coupled with comprehensive operating policies and procedures, CCS
can safely provide environmentally responsible solutions, thus minimizing the
potential future liability of the waste generator.

CCS is a publicly traded (TSE-CCR), dynamic Calgary-based company committed
to "Safely Providing Environmentally Responsible Solutions" to its customers.
In operation since 1984, CCS has grown to include 11 oilfield waste
processing, custom treating, and disposal facilities throughout Western
Canada. CCS also operates 20 service rigs under the name of Concord.




To: Kerm Yerman who wrote (11658)7/9/1998 5:08:00 AM
From: Kerm Yerman  Respond to of 15196
 
FIELD ACTIVITIES / CityView Energy Corp Update

CITYVIEW ENERGY CORPORATION LIMITED - RE: SIMENGGARIS BLOCK NORTH
EAST KALIMANTAN

Date: 7/8/98 10:47:49AM
Stock Symbol: CVCLF

CityView Energy Corporation Limited (CityView) is pleased to announce that
its initial review of the data recently provided by Pertamina for the
Simenggaris Block (held by CityView's subsidiary Western Simenggaris
Petroleum Pty Ltd.) reinforces the potential for the discovery of multiple
mid-size oil and gas fields. Six prospects and six leads have been generated
already from Pertamina's data, the first to be drilled will be Sesayup and
Pidawan.

Sesayup field definition

One well is planned to delineate an existing two well ARCO gas discovery.
Based on the ARCO program, existing gas reserves indicate up to 200 BCF.

Pidawan oil prospect

One four way closure anticline on trend with existing oil production at the
Sembakung and S. Sembakung oilfields.

As more data is obtained from Pertamina, further prospect review including
reprocessing of seismic and geologic modelling is being undertaken.

In addition to its program in Indonesia and the Philippines, CityView is
actively pursuing its campaign to acquire production in the Caspian Sea
region.