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BETA WELL SERVICE INC. ANNOUNCES CORRECTION REGARDING 3-FOR-2 SPLIT

 LEDUC, Alberta, June 15 /PRNewswire/ -- Beta Well Service Inc. (AMEX: BWS) announced today a correction to a release issued May 26 regarding a 3-for-2 split of the company's common shares. The release inadvertently indicated that the company's common stock purchase warrants will also be split on a 3-for-2 basis. This is erroneous. Rather, the terms will be adjusted to allow for two warrants to purchase 1 1/2 shares of common stock for $5.00 per share.
 The adjustments to the warrants will be effective as of June 23, 1993. Fractional shares will not be issued.
 -0- 6/15/93
 /CONTACT: William J. Gordica of Beta Well Service, 403-290-0585; or William F. Coffin of Coffin Communications Group, 818-789-0300, for Beta Well Service/
 (BWS)


CO: Beta Well Service Inc. ST: Alberta IN: OIL SU:

JL-MF -- LA031 -- 2318 06/15/93 16:34 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:142
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