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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Oil who wrote (1104)12/17/1998 10:32:00 AM
From: Scotchman  Read Replies (2) | Respond to of 15703
 
Here's some BMA news today.

BMA Mining Corporation
BMA VSE
This Company has more than one News Release today click here
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December 17, 1998
Advanced US$75,000 to Secure Interest in Lands in Kern County

BMA MINING CORP ("BMA-V")

- Advanced US$75,000 to Secure Interest in Lands in Kern County

Jim Pettit, Secretary, BMA Mining Corporation (the "Company") is pleased to announce that it has advanced US$75,000 to secure a 25% participating interest in 4,000 oil and gas leased acres located in Kern County, California, USA (the "Lands") .

Any rights to the Lands are conditional upon the completion of all due diligence and the Company receiving confirmation that all underlying documents and leases have been executed in acceptable form in order to provide the Company with a good and marketable interest in and to the leases.

It would be the intention of the participants in the venture to drill a test well in the area to the approximate depth of 18,500 feet on the Lands in order to test the sub-thrust fault play for Middle to Lower Miocene Monterey and Temblor Formation targets in the area.

A finder's fee will be payable in connection with this transaction subject to the approval of the Vancouver Stock Exchange.

TEL: (604) 687-3376 BMA Mining Corporation FAX: (604) 687-3119 Jim Pettit, Secretary

The other companies involved are:
ICL.v
ANR.v
ORL.v
BCP.v

Scotchman



To: Mr. Oil who wrote (1104)12/17/1998 8:52:00 PM
From: Kerm Yerman  Read Replies (1) | Respond to of 15703
 
ALL / Current activity of joint venture partner

Westminster Resources Updates Winter Drilling Program

Message 6883530