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

To: SofaSpud who wrote (13165)	11/3/1998 3:26:00 AM
From: Kerm Yerman	Respond to of 15196

CORP NOTICE / Devlan Exploration Company Ltd. - Share Consolidation and Name Change CALGARY, Nov. 2 /CNW/ - DEVLAN EXPLORATION COMPANY LTD. is pleased to report that, following receipt of shareholder approval, it has consolidated the Common Share capital of the Corporation on the basis of 1 new Common Share for every 4 Common Shares issued and outstanding immediately prior to the Share Consolidation. As a result of the consolidation, the Corporation has 4,493,564 Common Shares issued and outstanding. The Directors and Officers of Devlan believe the consolidation will enhance the ability of the Corporation to access capital and expedite the development and expansion of Devlan's business activities. The consolidation does not affect Devlan's net asset value nor does it affect each shareholder's percentage ownership of the Corporation. In conjunction with the share consolidation, the ASE requires that Devlan change its name and trading symbol so as to avoid confusion in the marketplace. As a result, the Company has changed its name to DEVLAN EXPLORATION INC. and its trading symbol to DXI, effective November 3, 1998. The Company also confirms that it has reached target depth above the Bow Island formation on the two wells it drilled last week. Production casing has been run and the zones will be entered barefoot, using under-balanced drilling technology. Testing is expected to proceed prior to November 7th. DEVLAN EXPLORATION INC. is a Calgary based natural gas and oil company focused on asset enhancement and optimization of previously overlooked or underachieving properties. At present, Devlan's exploration and production activity is concentrated on natural gas prospects in Alberta. The Company's shares trade on the Alberta Stock Exchange under the symbol DXI. The ASE has neither approved nor disapproved of the information contained herein.

To: SofaSpud who wrote (13165)	11/3/1998 3:31:00 AM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Westfort Energy Ltd. - Progress on Completion of the 18-4 No. 1 Well Pelahatchie Field JACKSON, MISSISSIPPI, Nov. 2 /CNW/ - Upon cementing and perforating the well in the 11,300 ft. Hosston formation and after swabbing 450 barrels of fluid, significant shows of oil have been indicated, together with appreciable amounts of water. Our Completion Engineer believes that the water is entering the well from a formation above the production interval. A cement squeeze to shut off the flow of water has been recommended and work to accomplish the same will commence tomorrow. When there is another material development concerning completion of the well, it will be immediately announced.