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To: Herb Duncan who wrote (11943)	7/30/1998 11:59:00 AM
From: SofaSpud	Respond to of 15196

DIVIDEND / PetroCanada PETRO-CANADA DECLARES QUARTERLY DIVIDEND CALGARY, July 30 /CNW/ - The Board of Directors of Petro-Canada today declared a quarterly dividend of 8 cents per share on its common and variable voting shares, payable on October 1, 1998 to shareholders of record on September 3, 1998. Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and the downstream sectors of the industry. Its common and variable voting shares trade on Canadian exchanges under the symbol PCA, and its variable voting shares trade on the New York Stock Exchange under the symbol PCZ. -30- For further information: Investor and analyst enquiries: Fred Kerr, Investor Relations, (403) 296-4040, Media and general enquiries: Robert Andras, Corporate Communications, (403) 296-8586, Internet site: www.petro-canada.ca, E-mail: investor@petro-canada.ca

To: Herb Duncan who wrote (11943)	7/30/1998 5:11:00 PM
From: SofaSpud	Respond to of 15196

SERVICE SECTOR / Stellarton Distribution Agreement with Schlumberger STELLARTON ENERGY CORPORATION ANNOUNCES SIGNING OF DISTRIBUTORSHIP ARRANGEMENT WITH SCHLUMBERGER ANADRILL CALGARY, July 30 /CNW/ - In support of Stellarton Energy Corporation's plan to expand the sales of the Secure Oil Tools Division technologies into the international marketplace, we are pleased to announce that it has signed a formal agreement with Schlumberger Anadrill. The agreement provides that Anadrill will distribute Secure's Multi Lateral Production Systems (MLPS) on an exclusive basis to new clients in most regions of Africa, South America, the Middle East and South East Asia. Anadrill will also have the right to market MLPS on a non-exclusive basis elsewhere in the world. Secure will provide engineering, design, manufacturing, sales support and field installation of the MLPS products. Anadrill will provide marketing and technical sales, logistical bases and support, access to Anadrill's testing facilities, and its wealth of experience. Anadrill has demonstrated its commitment to the agreement with Secure and the marketability of the Secure MLPS system by committing to a prepayment against future sales and formation of a dedicated sales and support team. Anadrill's complementary core product lines are directional drilling and MWD/LWD. Anadrill is an operating unit of Schlumberger Oilfield Services, the leading supplier of services to the international petroleum industry. Schlumberger operates offices, service locations and research and development facilities around the world. Secure's MLPS system allows for the drilling of one or more laterals out of a primary wellbore. Success to date in Canada has created the worldwide market opportunities, with the first international installations scheduled for the Middle East in August. On another front, Secure's sand control product, MeshRite(TM), is now experiencing good early success in the international market. Sales for MeshRite(TM) have occurred in seven countries outside Canada. The growth has necessitated that Secure continues the expansion of manufacturing capacity. In Venezuela, production of several hundred barrels of oil per day from one well that had previously been incapable of continuous production due to sand influx has sparked keen interest for MeshRite(TM) use in new wells and remedial situations. Stellarton is an oil and gas production company and an oilfield service company (Secure Oil Tools) based in Calgary. The company trades on the Alberta Stock Exchange under the symbol SRT.A. The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. -30- For further information: For Stellarton: R.D. (Bob) Steele, President & CEO, (403) 717-5229, W.P. (Dell) Chapman, (403) 717-5239, email: stellarton@stellartonenergy.com; For Anadrill: Stephen Harris, Manager, Media Relations North America, Schlumberger Oilfield Services, (281) 285-8791, email: harriss@sugar-land.oilfield.slb.com

To: Herb Duncan who wrote (11943)	7/30/1998 5:12:00 PM
From: SofaSpud	Respond to of 15196

PIPELINES / NEB approves AEC Suffield bid NEB APPROVES AEC SUFFIELD PIPELINE APPLICATION CALGARY, July 30 /CNW/ - The National Energy Board has approved an application by AEC Suffield Gas Pipeline Inc. (AEC Suffield) of Calgary to construct and operate a natural gas pipeline from southeastern Alberta to southwestern Saskatchewan. AEC Suffield applied to the Board on 10 September 1997 to construct and operate approximately 114 kilometres (71 miles) of new pipeline and associated control facilities which will begin near the southwestern corner of the Suffield Military Block in Alberta, extend along the southern end of the military block and then northeast to join the TransCanada PipeLines Limited system near Burstall, Saskatchewan. The AEC Suffield pipeline has a design capacity of approximately 4.96 million cubic metres (175 million cubic feet) of natural gas per day. The proposed pipeline will require approximately 40 kilometres (25 miles) of new right-of-way as most of the route will follow existing right-of-way. The estimated capital cost of the project is $22.8 million. The Board held a public hearing in Calgary on 25, 26 May and 1 June 1998. AEC Suffield plans an in-service date of 1 November 1998. For copies of Reasons for Decision GH-2-98: Publications Officer 311 6th Avenue S.W. Calgary, Alberta T2P 3H2 (403) 299-3562 This news release is also available on the Board's internet site at www.neb.gc.ca -30- For further information: Ross Hicks, Public Affairs Officer, (403) 299-3930, Cell phone: (403) 615-0574

To: Herb Duncan who wrote (11943)	7/30/1998 5:13:00 PM
From: SofaSpud	Respond to of 15196

ENERGY TRUSTS / Westrock Distribution WESTROCK ENERGY INCOME FUND I & II - MONTHLY CASH DISTRIBUTION CALGARY, July 30 /CNW/ - WESTROCK ENERGY INCOME FUND I Monthly Cash Distribution Notice is hereby given that a cash distribution at the rate of $0.06 (six cents) per unit will be payable on August 20, 1998, to all unitholders of record at the close of business on August 10, 1998. This distribution is comprised of the monthly distribution amount of $0.0550 (five and one half cents), and a supplemental quarterly adjustment of $0.005 (one half cent) per unit for the quarter ending June 30, 1998. Consequently, the new trailing last twelve month distribution paid totals $1.13 (one dollar and thirteen cents) per unit. WESTROCK ENERGY INCOME FUND II Monthly Cash Distribution Notice is hereby given that a cash distribution at the rate of $0.11 (eleven cents) per unit will be payable on August 20, 1998, to all unitholders of record at the close of business on August 10, 1998. This distribution is comprised of the monthly distribution amount of $0.06 (six cents), and a supplemental quarterly adjustment of $0.050 (five cents) per unit for the quarter ending June 30, 1998. Consequently, the new trailing last twelve month distribution paid totals $1.07 (one dollar and seven cents) per unit. -30- For further information: Christina S. Meeuwsen, Westrock Energy Resources II Corporation, (403) 298-2200