Asdar Group - Harvester No. 1-25 Perforated Successfully.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 28, 2001 Asdar Group (XBET: OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB) reports that the initial perforation per·fo·ra·tion n. 1. The act of perforating or the state of being perforated. 2. An abnormal opening in a hollow organ or viscus, as one made by rupture or injury. Perforation A hole. target located in the Vedder formation between the interval of 13,264' and 13,360', has been perforated successfully and the well was swabbed for 4 hours on November 27, 2001. Fifteen swab runs were made with fluid returns that included oil, gas and drilling fluids from the original drill program. The well will continue to be swabbed so that a complete evaluation can be made of this interval. When flow tests are completed from all perforated intervals, the Company will issue a news release confirming flow rates and composition of fluids. The Company anticipates that production will be gas with associated natural gas liquids. Production achieved in any of the indicated zones will be considered a new field discovery. Asdar Group holds a 50% interest in the Harvester harvester, farm machine that mechanically harvests a crop. Small-grain harvesting has been mechanized to a certain extent since early times. In the modern period the first harvester to gain general acceptance was made by Cyrus McCormick in 1831 (see reaper). No. 1-25 well and the adjoining 1,120 acreage. /s/ Robert Waters Robert Waters M.B.A., President For further information please contact Joseph Beyrouti Investor Relations Investor relations The process by which the corporation communicates with its investors. at: 1-888-488-6882 Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but no limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Asdar's filings with the Securities & Exchange Commission. |
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