BERKLEY PETROLEUM CORP. ANNOUNCES THE ACQUISITION OF INTERESTS IN THE PUSKWASKAU AREA OF ALBERTA.CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial ,ALBERTA--(BUSINESS WIRE)--JULY 4, 1995--BERKLEY PETROLEUM CORP(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : BKP BKP Bleached Kraft Pulp BKP Buchele & Kremer Produktivitätsberatung GmbH BKP Backup File BKP Breakpoint ) Berkley Petroleum Corp. is pleased to announce the acquisition of interests in the Puskwaskau area of Alberta. The interests, consisting of one producing gas condensate condensate, matter in the form of a gas of atoms, molecules, or elementary particles that have been so chilled that their motion is virtually halted and as a consequence they lose their separate identities and merge into a single entity. property, two shut-in shut-in n. A person confined indoors by illness or disability. adj. 1. Confined to a home or hospital, as by illness. 2. Disposed to avoid social contact; excessively withdrawn or introverted. properties, a gas processing facility and 8,320 acres of exploration land were acquired for $4.0 million dollars. The acquisition is anticipated to add 2.0 MMCFPD of gas and 200 bpd of liquids to Berkley's current production totals, with opportunity to increase these volumes through further tie-ins and drilling. The acquired properties are adjacent to Berkley's exploration gas discoveries made during the winter and will grow Puskwaskau into a core exploration and production area for the company. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Michael L. Rose, President BERKLEY PETROLEUM CORP. 403/269-6488 |
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