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Centurion Energy Updates Al Manzah #3 Drilling in Tunisia.


Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--Dec. 19, 2000

Centurion Energy International Inc. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CUX CUX Corporate University Xchange (provides education research, benchmarking and advisory services to corporate America) .) announces that construction of the drill site has been delayed due to heavy rains and the spud date for Al Manzah #3 is now planned for early January.

The rig is currently stacked nearby and rig mobilization mobilization

Organization of a nation's armed forces for active military service in time of war or other national emergency. It includes recruiting and training, building military bases and training camps, and procuring and distributing weapons, ammunition, uniforms,
 will commence once the site construction is completed.

The Al Manzah #3 well will be the third location in the Al Manzah field. The well will be drilled horizontally using underbalanced drilling ''This article refers to the procedure in oil drilling. For University of Brunei Darussalam, a university in Brunei, please refer to Universiti Brunei Darussalam

Underbalanced drilling
 equipment. This technology was utilized in the successful Al Manzah #2 well drilled in August.

Certain statements in this press release constitute forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. The information in this press release is based on Centurion Energy's current information, expectations and assumptions, and is subject to a number of uncertainties and risks that could cause the actual results to differ materially from those anticipated.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Dec 19, 2000
Words:146
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