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

To: Kerm Yerman who wrote (14270)	12/14/1998 7:05:00 PM
From: Kerm Yerman	Read Replies (1) \| Respond to of 15196

FIELD ACTIVITIES / Elk Resources,(operator), Stanford Oil & Gas Westminster Resources, Richland Petroleum, Hilton Petroleum, Kookaburra Resources, Paramount Resources and Berkley Petroleum. Update #4 East Lost Hills Bellevue #1 Well CALGARY, ALBERTA--Significant progress has been made on well control operations at the Bellevue #1 well at East Lost Hills, California. All debris has been removed from the wellsite and flow from the well was diverted to two burn pits on December 10, 1998. Surface containment facilities consisting of separators and tankage were installed and began collecting and separating hydrocarbons and water from the well on December 13, 1998. Natural gas is currently being flared while liquid hydrocarbons and water are being collected in the burn pits and above ground storage tanks for trucking to processing and disposal facilities.

To: Kerm Yerman who wrote (14270)	12/14/1998 7:08:00 PM
From: Kerm Yerman	Respond to of 15196

ASE BULLETIN / Northstar Energy Corporation Delisted CALGARY, Dec. 14 /CNW/ - BULLETIN NO.: 9812 - 733 DELISTING NORTHSTAR ENERGY CORPORATION (NEN) The common shares of Northstar Energy Corporation will be delisted at the close of business on MONDAY, DECEMBER 14, 1998. Exchangeable shares of the Company created pursuant to a Plan of Arrangement with Devon Energy Corporation will trade on the Toronto Exchange.

To: Kerm Yerman who wrote (14270)	12/14/1998 7:20:00 PM
From: Kerm Yerman	Read Replies (3) \| Respond to of 15196

FINANCING / Westminster Resources Ltd. Announces $12 Million Flow-Through Private Placement CALGARY, ALBERTA--Westminster Resources Ltd. announced its intention to issue, subject to regulatory approval, up to 1,800,000 "flow-through" common shares on a private placement basis at a price of $6.75 per share. Westminster will use the net proceeds of the issue to fund exploration expenditures and will renounce "Canadian exploration expense" equal to the subscription amount for the flow-through common shares to subscribers. Westminster Resources Ltd. is a Canadian company engaged in exploration, development and production of natural gas. Westminster's common shares are listed on The Toronto Stock Exchange under the trading symbol "WML". Westminster Resources Ltd.'s News Releases for the past 14 months can be accessed electronically through the Canadian Corporate News website at cdn-news.com.