Doreal Energy: Portuguese Exploration Update, Alijubarrota No. 1 Well Reaches T.D.VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 17, 1998-- Doreal Energy Corp. (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :DOY DOY Diocese of Youngstown (Youngstown, Ohio) DOY day of year (US DoD) DOY Duchess of York ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:DEG.CF) announces that the Alijubarrota No. 1 exploration well, drilled by Mohave Oil and Gas Corporation in the Lusitanian Basin of onshore Portugal, has reached total depth of 2,686 meters (8,864 feet). Casing will be run to total depth and an evaluation program will begin shortly to test the hydrocarbon indications as observed on electric logs. Doreal has a 10 percent working interest in the exploration well and will earn a 9.35 percent revenue interest in the project. On Behalf of the Board of Directors, James H. Dorman, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. -0- Note to Editors: The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Doreal Energy Corp. Ian Gallie, 250/598-9091 http://www.dorealenergy.com |
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