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

To: Herb Duncan who wrote (11729)	7/14/1998 2:41:00 AM
From: Kerm Yerman	Read Replies (1) \| Respond to of 15196

CORP. / Patria Resources Announces Investor Relations Contract With DSK Consulting Ltd. ASE SYMBOL: PT JULY 13, 1998 CALGARY, ALBERTA--PATRIA RESOURCES LTD. ("Patria") announces that it has retained the services of DSK Consulting Ltd., a Calgary-based Investor Relations firm. This agreement, subject to ASE approval, enhances Patria's capacity to keep shareholders updated while the company continues exploration of its highly prospective petroleum and natural gas (P&NG) acreage in the United Kingdom. Patria possesses a 100 percent net working interest on approximately 160,000 acres in the East Midlands Basin of the United Kingdom. The company's high working interests combined with the stable UK operating environment, no government royalties on production, and favorable Brent North Sea crude pricing provide the company with the potential for high net backs and the capacity to incur significant growth. Patria has completed its first well, the Cropwell Butler #3 and is currently awaiting approval to conduct a production test. Cropwell Butler #3 is a deviated re-entry of a well that tested significant amounts of oil in 1988. Well logs indicate 10 feet of potential pay. A multi-well development program is scheduled for the remainder of 1998-99 on the company's concessions.

To: Herb Duncan who wrote (11729)	7/14/1998 8:29:00 PM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES - SPEC 20 LISTED / Carmanah Resources Updates Recent Developments CALGARY, ALBERTA--In response to numerous inquiries from shareholders and investment analysts, Carmanah Resources Ltd. ("CKM" - TSE) is pleased to provide the following information. The Camar development drilling program is continuing.. The MPA-1 field development well is presently drilling ahead in 12 1/4" hole at 3700 feet towards a projected total measured depth of 6205 feet. It is expected the well will be completed, tied back and placed onstream in approximately two weeks. Thereafter, Carmanah plans to reenter Camar-6, which was placed onstream on June 29, 1998, to conduct pressure surveys and minor remedial work. Subsequently, if time permits, the Pride Pennsylvania jackup rig will return to WPP to resolve mechanical difficulties in CN-3 and to initiate production at this location. Otherwise, arrangements have been made for a service rig to conduct required work at CN-3. Carmanah intends to release the Pride Pennsylvania to another operator on or about August 10, 1998 and a decision has been made to defer the drilling of Camar-8 until a later date due to current industry conditions and awaiting production history from the three new wells drilled or completed this year. Among factors influencing this decision are low oil prices, a weak Canadian dollar and declining day rates for rigs which could reduce well costs either later this year or next year. Once production rates at CN-3, Camar-6 and MPA-1 have stabilized, Carmanah will report further to its shareholders. Carmanah continues to evaluate production system alternatives for its Langsa development project. A final decision on proceeding awaits a declaration of commerciality from Pertamina. The project requires the completion of three previously - drilled wells and installation of processing facilities and a storage vessel. At Natuna, 1998 seismic is being interpreted and geochemical studies are underway. A meeting with partners is anticipated in mid-August to determine future exploration plans for the PSC. In Venezuela, workover operations are underway and plans are well-advanced to spud the first new well on the Onado Block in August of this year.

To: Herb Duncan who wrote (11729)	7/14/1998 8:48:00 PM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / TUSK Energy Announces Second Meekwap Oil Well TUSK ENERGY INC. TSE SYMBOL: TKE JULY 14, 1998 CALGARY, ALBERTA--TUSK Energy Inc. announces that its latest Meekwap well, TUSK Meekwap Unit 01-20-66-15 W5M, has averaged 916 boepd (834 bopd, 818 mcfd) since regular production began on July 8. No water has been produced. TUSK's net production from the 1-20 well is 161 boepd. TUSK owns a working interest of 16.734 percent and a net profits interest of 0.875 percent in the Meekwap D-2A Unit. The 1-20 well was a follow-up to an oil discovery made by TUSK in March, 1998 at 4-21-66-15 W5M. The 4-21 well has averaged 1545 boepd (1426 bopd, 1190 mcfd) since early April. No water has been produced. TUSK's net production from the 4-21 well is 271 boepd. Current net company production exceeds 800 boepd.

To: Herb Duncan who wrote (11729)	7/14/1998 8:59:00 PM
From: Kerm Yerman	Respond to of 15196

CORP. / Rock Capital Files Form 20-F To Trade In U.S. ROCK CAPITAL CORPORATION ASE SYMBOL: RCK JULY 14, 1998 VANCOUVER, BRITISH COLUMBIA--Rock Capital Corporation ("Rock") is pleased to announce that it has filed a registration statement on Form 20-F with the United States Securities and Exchange Commission (SEC). Form 20-F allows foreign corporations to register securities with the SEC pursuant to Section 12 of the Securities Exchange Act of 1934 but does not imply the offering of securities in the United States. "Rock has initiated the SEC filing as a first step in order to gain access to the U.S. securities markets and anticipates, once the SEC reaches its no-comment stage, to trade its shares on the OTC:BB as well as on the Alberta Stock Exchange", said Todd Hilditch, President and CEO. "A U.S. listing will further enable Rock's ability to increase its exposure to the capital markets throughout North America and to reach its goal of achieving rapid growth in the Junior Oil & Gas sector while taking advantage of current market conditions." The statements made herein may contain forward-looking statements. Actual results may differ from the Company's expectations due to certain risk factors including: the Company's ability to purchase oil & gas properties, the market for oil & gas and fulfilling all requirements to list in the U.S.