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PETRO PLUS CLARIFIES AND EXPANDS ON DEC. 9 ANNOUNCEMENT

 PETRO PLUS CLARIFIES AND EXPANDS ON DEC. 9 ANNOUNCEMENT
 KELOWNA, British Columbia, Dec. 18 /PRNewswire/ -- Petro Plus Inc. (Alberta: PPV.A) wishes to clarify and expand on the previous announcement of Dec. 9, 1991 that it has reached agreement with a leading Canadian petroleum retailer through a signed offer. An outline of the results and specific areas of this agreement are as follows:
 Geographical -- It is agreed that the geographical area upon which to concentrate firstly is British Columbia. A selection process is under way to prioritize which stations, within this region, will be the first to be equipped with the petro-vision concept. It has been agreed to begin installations in the lower mainland and the Okanagan as a follow through.
 Advertising -- It has been established that advertising revenues will be on target, upon completion of stage one of the installations, pursuant to the company's marketing plan and goals. Installations are scheduled to begin in the first quarter.
 Upon reaching finalization of the contractual terms, the company will make a further announcement.
 The company also announced that it is not aware of any change in the company affairs which would reflect the decrease in the price of its shares.
 -0- 12/18/91
 /CONTACT: John Harms of Petro Plus, 604-861-5573; or Can-Am Promotions, 604-533-9171 for Petro Plus/
 (PPV.A) CO: Petro Plus Inc. ST: British Columbia IN: OIL SU:


KJ -- LA008 -- 3414 12/18/91 12:23 EST
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Publication:PR Newswire
Date:Dec 18, 1991
Words:238
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