Westminster Reports First Quarter 1998 Results.

Business Wire | May 7, 1998 | Copyright

CALGARY, ALBERTA--(BUSINESS WIRE)--May 7, 1998-- Westminster(TSE:WML) Westminster Resources Ltd. is pleased to report Operating and Financial results for the first quarter of 1998.

Average production in the period was 3216 boepd compared to a 1997 first quarter average of 550 boepd, an increase of 500 percent. Oil production averaged 1263 bopd with gas production averaging 19.53 mmcf/d during the period. The company participated in the drilling of 16 gross wells (4 net) resulting in 7 oilwells, 5 gaswells, 1 water injection well and 3 dry and abandoned ...

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