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Energas Resources Inc. Announces Natural Gas Property Update.


OKLAHOMA Oklahoma (ōkləhō`mə), state in SW United States. It is bordered by Missouri and Arkansas (E); Texas, partially across the Red R. (S, W); New Mexico, across the narrow edge of the Oklahoma Panhandle (W); and Colorado and Kansas (N).  CITY--(BUSINESS WIRE)--Oct. 29, 1998--Wellington has advised Energas that it is not in a position to acquire its interest in the Roye Roye is the name or part of the name of several communes in France:
  • Roye, in the Haute-Saône département
  • Roye, in the Somme département
  • Roye-sur-Matz, in the Oise département
 Natural Gas Property until later next month when they expect to have their funds available.

The owner of the Roye Natural Gas Property has verbally agreed to allow for an extension of the closing date to November 30, 1998, at no cost. A definitive agreement providing for this extension is expected to be signed on or before Friday October 30, 1998. This acquisition is subject to regulatory approval.

ON BEHALF OF THE BOARD OF DIRECTORS ENERGAS RESOURCES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.

By:

George G. Shaw President

This release contains "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.
." No assurance can be given that future results covered by the forward-looking statements will be achieved.

THE VANCOUVER STOCK EXCHANGE Vancouver Stock Exchange (VSE)

A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies.


Vancouver Stock Exchange

See Canadian Venture Exchange (CDNX).
 HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 30, 1998
Words:148
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