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

To: Kerm Yerman who wrote (14412)	12/18/1998 8:56:00 PM
From: Kerm Yerman	Respond to of 15196

MERGERS - ACQUISITIONS / Fortune Energy Announces that Fortune Shareholders Approve Amalgamation CALGARY, ALBERTA--FORTUNE ENERGY INC. ("Fortune") announced today that the shareholders of Fortune have voted in favour of the previously announced Amalgamation between Fortune and 798374 Alberta Ltd. ("Newco"). At the Special Meeting of Shareholders held today, 99.6 percent of the Fortune Shareholders, excluding Related Parties, entitled to vote in person or by proxy at the Meeting, voted in favour of the Amalgamation. Closing of the transaction took place immediately following the Meeting and as a result all of the issued and outstanding securities of Fortune held by Non-Related Parties were exchanged for preferred shares of the newly amalgamated company which immediately following the Amalgamation made effective on December 18, 1998 under the provisions of the Business Corporations Act (Alberta) were redeemed for $0.80 in cash per share.

To: Kerm Yerman who wrote (14412)	12/18/1998 8:58:00 PM
From: Kerm Yerman	Respond to of 15196

ENERGY TRUSTS - MISC / EnerMark Income Fund Monthly Cash Distribution Notice CALGARY, Dec. 18 /CNW/ - Notice is hereby given that a cash distribution at the rate of $0.030 (three cents) per unit will be payable on January 20, 1999, to all unitholders of record at the close of business on December 31, 1998. The payment represents a reduction in the Fund's regular monthly cash distributions necessitated by the continued low crude oil prices and the impact of warmer than anticipated weather on gas prices. Consequently, the new trailing last twelve month distribution paid totals $0.675 (sixty-seven and one half cents) per Unit.

To: Kerm Yerman who wrote (14412)	12/18/1998 9:01:00 PM
From: Kerm Yerman	Read Replies (1) \| Respond to of 15196

ENERGY TRUSTS - MISC / Enerplus Resources Fund Monthly Cash Distribution Notice CALGARY, Dec. 18 /CNW/ - Notice is hereby given that a cash distribution at the rate of $0.0250 (two and one half cents) per unit will be payable on January 15, 1999, to all Unitholders of record at the close of business on January 1, 1999. Consequently, the new trailing last twelve month distribution paid totals $0.415 (forty-one and one half cents) per Unit.

To: Kerm Yerman who wrote (14412)	12/18/1998 9:02:00 PM
From: Kerm Yerman	Respond to of 15196

DIVIDEND / Gulf Canada Resources Limited DENVER, Dec. 18 /CNW/ - The preliminary estimate of the regular dividend rate for the month of December 1998, for Gulf Canada Resources Limited's Fixed/Adjustable Rate Senior Preference Shares, Series 1, has been calculated at $0.023 per share. The monthly rate will be confirmed following the close of trading on 4 January 1999 and a news release confirming the rate will be issued. The dividend is payable on January 12, 1999 to shareholders of record on December 31, 1998.

To: Kerm Yerman who wrote (14412)	12/18/1998 9:09:00 PM
From: Kerm Yerman	Respond to of 15196

ENERGY TRUSTS - MISC / Koch Pipelines Canada, L.P. Announces Fourth Quarter Distribution CALGARY, Dec. 18 /CNW/ - Koch Pipelines Canada, L. P. today announced a cash distribution to unitholders of $0.18 per unit for the quarter ending December 31, 1998. The distribution will be paid on or about January 30, 1999 to unitholders of record on December 31, 1998. Crude oil receipts on the Partnership's systems have remained stable in the fourth quarter. Pipeline receipts in October and November were 269,900 barrels per day and 268,400 barrels per day respectively, compared to average receipts of 269,000 barrels per day during the third quarter. Marginally higher operating costs are expected in the fourth quarter, due in part to repairs and maintenance along the pipelines. The Partnership expects that approximately 45% of 1998 cash distributions will be considered taxable, and approximately 55% will be considered a return of capital. Koch Pipelines Canada, L.P. is a limited partnership that owns and operates four feeder pipeline systems located in southern Alberta and southwestern Saskatchewan. Totaling approximately 2,450 miles in length, these systems comprise one of the largest crude oil feeder pipeline businesses in Canada. The Partnership's Class A units trade on The Toronto Stock Exchange under the symbol KPC.UN.