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Charger Energy Inc. -- Well Update.


CALGARY, Alberta--(BUSINESS WIRE)--Oct. 5, 1999--

Charger Energy Inc. ("CHC CHC Chicago Cubs
CHC Community Health Center
CHC Chestnut Hill College (Philadelphia, Pennsylvania)
CHC Congressional Hispanic Caucus
CHC Community Health Council (UK National Health Service) 
" - ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) ("Charger") is pleased to report that the well BTU Btu: see British thermal unit.  Brazeau River 6-27-48-12 W5M has been fracture stimulated and the operator has advised that the well has indicated production potential of +/- 1 million cubic feet of natural gas per day.

The operator further advises that estimated natural gas reserves of +/- 7 billion of cubic feet of sales gas.

Charger owns 5% in the well.

Charger Energy Inc. is a public junior energy company listed on the Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 ("CHC"). Charger's primary focus is the exploration for and development and production of significant natural gas reserves in North America.

The Alberta Stock Exchange has neither approved nor disapproved of the contents contained herein.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Oct 5, 1999
Words:124
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