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CVI Resources Inc. Reports Positive Field Testing Result of Oil Drilling Project.

TULSA, Okla./ABILENE, Texas--(BUSINESS WIRE)--Sept. 28, 1999--

ROCO Petroleum Incorporated and CVI Resources Inc, a wholly owned subsidiary of Corporate Vision Inc. (OTC BB:CVIA) reports successful field testing and evaluation of payzones in Hodges No. 1-X.

Drilling operations continue in Jones County, Texas at a depth of 4,800 ft. Five potential payzones have been evaluated thus far. Two of the first payzones have been evaluated and determined to be non-commercial, one zone remains questionable. This zone will be more completely analyzed after open hole logging.

While one zone (the fourth payzone) has been deemed commercially productive of oil and natural gas, ROCO continues drilling to the final payzone, the Ellenburger Dolomite with an anticipated total depth of 5,350 ft. After sample analysis, and drilling evaluation of this deepest zone is complete, open hole logs will be run for further analysis and use in developing the proper cementing procedures for setting production casing. Barring any delays, drilling is expected to be completed in the next seven days.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 29, 1999
Words:171
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