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

To: Kerm Yerman who wrote (11789)	7/16/1998 4:48:00 PM
From: Kerm Yerman	Respond to of 15196

SERVICE SECTOR / Request Seismic Surveys Ltd. Financing REQUEST SEISMIC SURVEYS LTD. ANNOUNCES COMPLETION OF SPECIAL WARRANT FINANCING CALGARY, ALBERTA-- NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Mr. Todd Chuckry, President and Chief Executive Officer of Request Seismic Surveys Ltd. ("Request" or the "Corporation") is pleased to announce that the Corporation has closed its previously announced offering of Special Warrants, led by FirstEnergy Capital Corp. and including Peters & Co. Limited. Request issued a total of 2,925,000 Special Warrants at a price of $1.75 per Special Warrant for gross proceeds of $5,118,750, 67% of which proceeds have been released to the Corporation and the remaining 33% of the proceeds are releasable to the Corporation upon receiving a receipt for a final prospectus which qualifies the distribution of common shares underlying the Special Warrants. Each Special Warrant is exchangeable for one common share of Request at no additional cost. The net proceeds from the private placement will be used for the acquisition of proprietary seismic data in select western Canadian locations with the main focus targeting deep gas west of the fifth meridian. The Corporation is in the business of providing access to seismic data information to customers within the oil and gas industry. The Corporation manages the flow of seismic information for sale purposes on behalf of other companies, acts as a broker to facilitate the licensing of seismic information between vendors and purchasers and creates, markets and supervises the acquisition of new seismic data inventory, thereby adding to the asset base of the Corporation. For further information please contact Todd Chuckry, President and Chief Executive Officer, or Allison Hagen, Chief Financial Officer, Request Seismic Surveys Ltd., at (403) 531-0250, or facsimile at (403) 531-0255. www.request.seismic.com The Alberta Stock Exchange has neither approved or disapproved of the information contained herein.

To: Kerm Yerman who wrote (11789)	7/16/1998 4:51:00 PM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Crispin Energy Drilling Update CRISPIN ENERGY INC. REPORTS DRILLING RESULTS CALGARY, AB-- CRISPIN ENERGY INC. today announces the results of the recent drilling activity on its Medicine Hat and Girouxville properties. At Medicine Hat, three horizontal wells were drilled targeting the Medicine Hat Glauconite "C" Pool. Each well has a lateral section of approximately 1,100 metres in length. Crispin has a 33.2% working interest in each of the wells. Production rates from the horizontal wells are as follows: CRISPIN ET AL Med Hat 9A-8-13-5W4 - After 40 days of continuous production this well is producing at a rate of 140 bopd (46 bopd net); CRISPIN ET AL Med Hat 16A-8-13-5W4 - After 15 days of continuous production this well is producing at a rate of 360 bopd (120 bopd net); CRISPIN ET AL Med Hat 16D-8-13-5W4 - After 16 days of continuous production this well is producing at a rate of 400 bopd (133 bopd net); At Girouxville, Crispin participated for a 10% working interest in the 12-32-76-22W5 light oil discovery well. This well commenced production on June 27, and is currently flowing clean oil at a restricted rate of 200 bopd (20 bopd net), pending the assignment of a production allowable. Crispin also recently acquired an interest in an additional 800 acres of land at Girouxville, giving Crispin an interest in over 10,000 acres in the area. As a result of the recent drilling activity, Crispin is currently producing over 500 bopd. Crispin Energy Inc. is an exploration, development and production company listed on the Alberta Stock Exchange under the trading symbol "CEY".

To: Kerm Yerman who wrote (11789)	7/16/1998 4:54:00 PM
From: Kerm Yerman	Read Replies (7) \| Respond to of 15196

SERVICE SECTOR / Veritas DGC Inc. Repurchase Plan Approved VERITAS DGC INC. - STOCK REPURCHASE PLAN APPROVED HOUSTON, TEXAS-- Veritas DGC Inc. announced that, at a scheduled board meeting in Crawley, England, its Board of Directors has today approved a stock repurchase program under which the Company is authorized to buy up to 1,000,000 shares of its outstanding common stock in open market transactions. In addition, the Company clarifies remarks attributed to a Company executive yesterday in a Bloomberg news wire story. The Bloomberg story referred to the Company's expectations regarding fiscal 1999 earnings. As a matter of policy the Company does not comment on forecasts of future performance and has no comment concerning earnings expectations for fiscal 1999. Nevertheless, the Company reaffirms that it is entirely comfortable with analysts' consensus earnings estimates for the fourth quarter and the fiscal year ending July 31, 1998, which are $0.51 and $2.91, respectively. With respect to possible acquisition plans referred to in the Bloomberg story, the Company often evaluates other oil field service businesses for acquisition and regularly initiates discussions with potential acquisition candidates. It is emphasized however, that the Company has no present plans with respect to any acquisition. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning, among other things, the Company's prospects and development of its operations, all of which are subject to certain risks, uncertainties and assumptions. These risks and assumptions, which are more fully described in reports filed with the Securities and Exchange Commission, include changes in market conditions in the oil and gas industry as well as declines in prices of oil and gas. Should one or more of these risks or uncertainties materialize or should assumptions prove incorrect, actual results may vary in material respect from those currently anticipated. Veritas DGC Inc. is a leading provider of land, transition zone and marine-based seismic data acquisition, seismic data processing, and multi-client data sales to the petroleum industry. Veritas DGC operates seven divisions in selected markets worldwide and, based on revenue, is the fifth-largest geophysical services provider.