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Gold/Mining/Energy : Pemberton Energy (V.PBT) -- Ignore unavailable to you. Want to Upgrade?


To: Sieg who wrote (28)6/4/1999 6:41:00 PM
From: David Parkinson  Respond to of 38
 
It seems to be moving more. Looks good. I guess we will be getting #'s soon on how much oil they are pumping out of the ground.
David



To: Sieg who wrote (28)6/7/1999 8:08:00 PM
From: David Parkinson  Respond to of 38
 
Does this sound good to anybody???

CPT PEMBERTON TECHNOLOGIES LTD.

#211- 470 Granville Street

Vancouver, BC V6C 1V5

Telephone: (604) 669-7772 Fax: (604) 669-7701

Website: www.pemb.com

NEWS RELEASE

June 7, 1999 PBT

The Company is pleased to announce that we have received information from our general
contractor (Crest Energy Consultants Inc.) that well 14-28-12-15 has been completed.

The well was perforated in the Sawtooth formation. It flowed medium gravity crude oil

(34 API) and formation water to surface with an initial oil cut of 66%. The well was then
swab produced to temporary on site tanks with a service rig for a period of three days at
varied rates.

We swabbed the well at rates ranging from a low of 150 bbl./day (24m3/day) to a high of
550 bbl./day (90m3/day), to try and determine optimum production results for accurate
production equipment sizing. Oil cuts at the higher of 550 bbl./day swabbed rate ranged from
55% -85% oil. The fluid level at these swab rates remained stable at 100 m to 194 m below
ground level, indicating that the well should easily be able to sustain fluid production rates in
excess of 550 bbl./day, and possibly much higher.

The Company is currently working with their contractor to establish the most economically
profitable method of development of the balance of the field.

"Bob Burton"

_________________

Bob Burton, President

THE VANCOUVER STOCK EXCHANGE HAS NEITHER APPROVED OR
DISAPPROVED OF THE CONTENTS HEREIN.



To: Sieg who wrote (28)8/26/1999 8:00:00 PM
From: David Parkinson  Read Replies (1) | Respond to of 38
 
Here we go Seig. Finally a PR which should get us into the producing league.

CPT Pemberton undertakes 1.4-million share offering

CPT Pemberton Technologies Ltd PBT
Shares issued 4,086,823 Aug 26 close $0.70
Thu 26 Aug 99 News Release
Mr. Bob Burton reports
The company has entered into an agency agreement, dated Aug. 26, 1999, with
Canaccord Capital Corporation wherein Canaccord has agreed to use its best
efforts to undertake a short form offering of 1.4 million flow-through
shares of the company at a price of 70 cents per share to raise maximum
offering proceeds of $980,000. The short form offering is subject to a
minimum of $326,667 being raised.
In consideration for the services to be provided by the agent, the company
has agreed to pay a $5,000 plus GST corporate finance fee as well as a cash
commission equal to 8 per cent of the gross proceeds of the sale of the
flow-through shares. The company also agreed to issue non-flow-through
share purchase warrants to the agent entitling the agent to purchase up to
350,000 non-flow-through common shares of the company for a 16-month period
at 70 cents per share in the first 12 months and 74 cents during the last
four months.
The company intends to use the proceeds of the offering to further develop
its Enchant property through a three-well drill program. The company
intends to complete this program before year-end.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com