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BROWNSTONE PARTICIPATES IN HYDROCARBON EXPLORATION AND GAS STORAGE PROJECTS.


VANCOUVER, B.C.--(BUSINESS WIRE)--DECEMBER 13,

1994--BROWNSTONE(CANADIAN DEALING NETWORK Canadian Dealing Network (CDN)

The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991.
: BWNI ) Brownstone brownstone, red to brown variety of sandstone. Its unusual color is caused in some instances by the presence of red iron oxide which acts as a cement, binding the sand grains together.

Investment Inc., the "Company", has agreed to participate to the extent of a 20% working interest in drilling activities in Southern Michigan Southern Michigan is a region in the Lower Peninsula of the U.S. state of Michigan. It is a region of rolling farmland and scattered urban centers. Southern Michigan is commonly considered to be the area west of the Southeast Michigan area and east of Battle Creek, consisting of  aimed at discovering gas storage reservoirs and hydrocarbon reserves.

The projects with an estimated exploration budget of approximately $2,000,000 USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
, are currently reviewing leasing programmes as well as continuing seismic, helium and other geological testing. The objectives of these projects are to discover economical hydrocarbon reserves, as well as gas storage reservoirs. It is anticipated that drilling will begin in spring 1995.

The Company is joined in these ventures by several partners who bring to the project a wide variety of experience and success in the field of hydrocarbon exploration, operations and natural resource management over the last three decades.

Brownstone Investment Inc. is an investment company which invests in natural resources as well as in the field of genetic technology.
         CONTACT:  Glen Erikson,
                   Vice-President
                   (416) 363-3900


REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

80
COPYRIGHT 1994 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 13, 1994
Words:174
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