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

To: Kerm Yerman who wrote (12944)	10/22/1998 6:39:00 AM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Commonwealth Energy Colorado Well Update COMMONWEALTH ENERGY CORP. - COMPLETION OF CAMP COLORADO WARREN #1 WELL IS IN PROGRESS Date: 10/21/98 7:31:12 PM Dateline: WHITE ROCK, BRITISH COLUMBIA Stock Symbol: CWY Commonwealth is pleased to announce that the completion of the Camp Colorado Warren #1 well is in progress in the Marble Falls zone. After treating the formation and recovering fluids from the treatment, there is a definite inflow of oil with the gas in the zone. The well has been shut in while surface equipment is being installed to facilitate a production test. We will announce these results when the well has stabilized. As reported earlier, the Chapman wells produced natural gas only. So far our test indicates both oil and natural gas in the Marble Falls zone. The distance between the test well and the Chapman Property is more than two miles. Commonwealth holds more than 1,200 acres in this block. The aerial extent of production will be determined by future wells drilled between this test well and the Chapman wells. Both the Duffer and Ellenburger zones were tested and although oil and gas shows were encountered in these zones, Commonwealth determined them to be non-commercial in this well. However, future wells will be drilled to these targets. For further information, please contact Bob Stewart or Doug Wolters (Investor Relations) at 1-800-950-2587. Fax: 1-604-536-2369 Web-site: commonwealthenergy.com E-mail: coenergy@direct.ca

To: Kerm Yerman who wrote (12944)	10/22/1998 6:51:00 AM
From: Kerm Yerman	Respond to of 15196

ENERGY TRUSTS / EnerVest Diversified Management Inc. Distribution ENERVEST DIVERSIFIED MANAGEMENT INC. ANNOUNCES THE DATE OF RECORD FOR THE NEXT MONTHLY DISTRIBUTIONDate: 10/21/98 4:07:37 PM Dateline: CALGARY, ALBERTA Stock Symbol: EIT.UN EnerVest Diversified Management Inc., the manager of EnerVest Diversified Income Trust ("Trust") announces that the date of record for the next monthly distribution is October 30, 1998. The date of payment will be November 13, 1998. EnerVest Diversified Management Inc. will distribute $0.07 per unit, which annualized, represents a 15.27% yield. The net asset value of the "Trust" is $6.00 per unit. This information is based upon the market close as at October 20, 1998. EnerVest Diversified Management Inc., anticipates that approximately 85% of the distribution amount will be tax deferred.

To: Kerm Yerman who wrote (12944)	10/22/1998 7:03:00 AM
From: Kerm Yerman	Respond to of 15196

FUND ACTIVITY / Berkley Petroleum, Blue Range Res. & Thunder Energy Shares Acquired By Canada Dominion Resources Limited Partnership CANADA DOMINION INVESTS IN BERKLEY PETROLEUM, BLUE RANGE RESOURCES AND THUNDER ENERGY Date: 10/21/98 Dateline: TORONTO, ONTARIO Stock Symbol: Canada Dominion Resources Limited Partnership is pleased to announce the acquisition of three additional flow-through share investments. Canada Dominion, acquired 146,400 flow-through shares at $10.25 per share ($1,500,600) of Berkley Petroleum (TSE: BKP), 200,000 flow-through shares at $5.05 per share ($1,010,000) of Blue Range Resources (TSE: BBR.A) and 200,000 flow-through shares at $2.00 per share ($400,000) of Thunder Energy Inc. (TSE: THY). Berkley Petroleum, one of Canada's premier finders of oil and gas, is gas prone (70%) and has a market capitalization of approximately $750 million. "The company has delivered significant growth through the drill bit over the last 3 years" added fund manager Norm Lamarche. "The company's production and substantial land base of over 1.7 million acres, located west of the fifth meridian in Alberta and North East British Columbia, is in the prolific part of the Western oil and gas basin that will be driving growth for the Canadian oil patch in the future". Blue Range Resources is an oil and gas Company with a market capitalization of over $160 million, focused in the liquids-rich natural gas prospects in Central and Northwest Alberta and North East British Columbia. "Blue Range is asset rich, gas prone (75%) and conservatively financed (debt at less than 1.5 times next years projected cash flow). The Company offers tremendous leverage to Canada's gas story", added Lamarche. Thunder Energy Inc. is a relatively new junior oil and gas company, trading on the TSE with a market capitalization of about $30 million. "Thunder is an exciting little junior company that will more than double its production base this year (versus 1997) and is expected to grow further by half in 1999. The company is opportunities rich, sitting on over 90 drillable locations today".

To: Kerm Yerman who wrote (12944)	10/22/1998 7:13:00 AM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Doreal Exploration Portugal Drilling Update DOREAL TO PARTICIPATE IN SECOND PORTUGAL EXPLORATION WELL Date: 10/21/98 9:32:23 AM Dateline: VANCOUVER, B Stock Symbol: DOY Doreal Exploration Corporation is pleased to announce that the Aljubarrota No. 2 exploratory well, located near the communities of Aljubarrota and Alcobaca in the Lusitanian Basin of west central Portugal, plans to spud on or about November 15, 1998. The wildcat is expected to reach its target of approximately 3,700 meters (12,200 feet) within 55 to 60 days from spud. While the major objective is the Silves Formation sandstone of Lower Triassic age, other geologic objectives will also be evaluated during the drilling of this important wildcat. Doreal Energy Corporation has a 10.00 percent working interest and a 9.35 percent net revenue interest in the project. The Operator of the project is Mohave Oil and Gas Corporation, Houston, Texas. Other partners are those that were originally involved in the drilling of the Aljubarrota No. 1 and have long been established as major industry players. This prospect is located on a fault block separate from the much larger 38,000 acre Aljubarrota structure. The Operator reports that, the Aljubarrota No. 2 well, if productive in the Silves Formation sandstone, could prove up recoverable reserves of 1-2 trillion cubic feet of gas, plus over 100 million barrels of oil. The Aljubarrota No. 2 well is located just 800 meters from a 24-inch gas pipeline which transects the licenses from south to north and has sufficient line capacity for any new discovery made by the partnership.