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Gold/Mining/Energy : t. upton resources -- Ignore unavailable to you. Want to Upgrade?

To: Keith Utz who wrote (36)	11/12/1998 11:56:00 PM
From: Brian Farmer	Read Replies (1) \| Respond to of 86

The news you are referring to was released on Sep 28/98. The company filed a notice with the TSE to 'make a normal course issuer bid to purchase, from time to time, as it considers advisable, up to 864,485 of the outstanding common shares'. This amounts to approximately 5% of its outstanding shares.

To: Keith Utz who wrote (36)	11/13/1998 12:18:00 PM
From: AL R	Read Replies (1) \| Respond to of 86

Keith / News Release Upton Testing New Wells CALGARY, Nov. 12 /CNW/ - (URC-TSE) Upton Resources Inc. today announced results on two new wells. Upton has cased and is currently completing for production, a new vertical exploration discovery. This 100% well flowed clean light oil to surface in 4 minutes on a drill stem test and appears to hold significant reserve and production potential. The second well a horizontal at Midale (100%) is now on production, flowing on a restricted choke. The Company expects to release initial production results from both wells next week (November 18th) with 3rd quarter results. The common shares of Upton are listed on the Toronto Stock Exchange under the symbol ''URC''. This information has been neither approved nor disapproved by the Toronto Stock Exchange.