3DX Technologies Inc. Announces Drilling Results.HOUSTON--(BUSINESS WIRE)--July 30, 1998--3DX Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TDXT) today announced results from the latest two wells in the Four Isle Dome Field, located in Terrebonne Parish, Louisiana Terrebonne Parish (Cajun French:Paroisse Terrebonne) is a parish located in the U.S. state of Louisiana. Its population is 104,503 (as of 2000). The parish seat is Houma. It is the largest parish in Louisiana in terms of land area. . The LL&E State Unit B-2 well encountered over 100 net feet of pay in two zones, at depths ranging from 13,040 to 13,700 feet(MD). The well was completed in April, and is currently producing from an interval at 13,700 feet with a sustained rate of 18 million cubic feet of gas per day (MMCFD), and 390 barrels of condensate per day (BCPD BCPD Baltimore County Police Department (Baltimore, Maryland) BCPD Bay City Police Department (Bay City, Michigan) ). The LL&E State Unit B-1st2 well encountered 65 net feet of pay in two zones, at similar depths. In July, this well was completed in a zone at 14,090 feet(MD), and is currently producing 15.3 MMCFD and 360 BCPD. The company owns 5 percent working interest in each of these wells. Burlington Resources Burlington Resources, is an American oil and gas company. Their headquarters are in Houston, Texas. Based in Houston, Texas, BR has major offices located in Calgary, London, Farmington, Midland and Fort Worth. is the operator of the wells with a 45 percent working interest. These two wells are part of an ongoing development program in this field based on 50 square miles of proprietary3-D seismic data acquired in 1996. 3DX Technologies Inc. is a knowledge-based oil and gas exploration company whose core competence Core competence Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty. and strategic focus is the utilization of 3-D seismic imaging and other advanced technologies in the search for commercial quantities of hydrocarbons. Certain statements in this news release regarding future expectations and plans for oil and gas exploration, development and production may be regarded as "forward looking statements" within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act. They are subject to various risks, such as operating hazards, drilling risks, and other uncertainties inherent in the business of exploring for, developing and producing oil and gas which may be beyond the Company's control. These risks are discussed in detail in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1997, as well as other filings with the Securities and Exchange Commission. There can be no assurance that the Company's exploration activities will be successful in meeting the Company's expectations.
CONTACT: 3DX Technologies Inc., Houston
Ronald P. Nowak or Russell L. Allen, 281/579-3398
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