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o Wed Nov 22, 2000
Garrington 2 Well Being Completed

The Company wishes to report that the operator of the Garrington #2 horizontal re-entry well, located 50 miles north of Calgary, Alberta has finished drilling out the bottom plug. The operator has also perforated approximately 40 meters of the horizontal leg of the well and an acid stimulation has commenced. The Garrington #2 well was originally drilled four years ago by another company but was never perforated or acid stimulated due to the low price of natural gas at that time and the lack of ... (3 KB)
o Mon Nov 6, 2000
Drilling Commences On Crussell #1

The Company is pleased to announce that drilling of the Crussell #1 Well, previously mentioned in the October 30, 2000 release, has commenced in Kansas. The well will be drilled to a depth of 5,200 feet to test the Morrow Sandstone trend which is the host reservoir for the Company's successful Siverson 1-X well located less than one mile to the northeast of the Crussell #1. The Company will also be issuing 40,000 incentive options exercisable at $0.50 per share for directors and employees. Th... (2 KB)
o Mon Oct 30, 2000
The Company is pleased to announce that it will participating in a 25% gross working interest in the drilling of the Crussel #1

The Company is pleased to announce that it will participating in a 25% gross working interest in the drilling of the Crussel #1 well located less than one mile south-west of the Company's producing Siverson 1-X well, which is located in Greeley County, Kansas near the Kansas/Colorado state line. The partners in this well recently completed a 2D seismic and swath program covering the Crussel #1 location The operator has informed the Company that drilling should commence within the next two wee... (2 KB)
o Fri Oct 20, 2000
Mount Dakota To Participate In Garrington 2 Well

The Company wishes to announce that an agreement has been signed to participate in the re-entry of a horizontal well, the Garrington #2, located about 50 miles north of Calgary, Alberta. The Garrington #2 well was originally test flowed at 650,000 cubic feet of gas per day but was abandoned at the time because of low commodity prices. The Garrington #2 will be re-entered and an additional 100 feet of perforations added, then the entire horizontal section will be acid stimulated. The combina... (3 KB)
o Thu Oct 5, 2000
The Company is pleased to announce that it has entered into an Investor Relations contract with Panstar Capital Corp(Panstar).

The Company is pleased to announce that it has entered into an Investor Relations contract with Panstar Capital Corp(Panstar). Panstar, headquartered in Vancouver, B.C. will assist the Company with corporate and investor relations services. Panstar is a fully integrated financial public relations firm with experience in providing financial and investor relations support to private and public companies. Panstar Capital Corp., will be retained for an initial contract of three months, and will rece... (2 KB)
o Mon Apr 3, 2000
The Company wishes to announce that the Redwater Well has been drilled in Alberta.

The Company wishes to announce that the Redwater Well has been drilled in Alberta. The well intersected a 40 foot layer of extremely porous limestone and yielded considerable natural gas at very high pressure. The combination of extremely porous limestone and the high-pressure gas has caused the well to percolate water from the layer beneath the gas layer and flood the test well. Unfortunately the Company will abandon this well and re-evaluate this prolific natural gas zone. As this well was d... (2 KB)
o Wed Mar 29, 2000
Mount Dakota Begins Drilling Redwater Well

The Company has been informed by it's operator in Alberta that the drilling of the Redwater Well (previously announced in the March 5th news release) started at 12:00AM this morning. The well will be drilled to approximately 2600 feet to test a bypassed 20-40 foot hydrocarbon strata that is clearly shown in the electric logs of an adjacent well 110 feet away. The operator believes that the well will reach total depth by late Friday night. On Behalf of the Board of Directors Gary Cl... (2 KB)
o Mon Mar 6, 2000
Finalized Negotiations to Drill 2600 Foot Well

The Company wishes to announce that it has finalized negotiations to drill a 2600 foot well located in central Alberta. This well is targeting a 23 - 44 foot bypassed sandstone strata that is estimated (by seismic and electric drill logs on a wellbore located 300 feet from our proposed well location) to contain approximately 800,000 barrels of medium crude oil, and/or liquid rich natural gas. The operator is anticipating daily production in the 100-150 barrel per day range. The oil lease that ... (3 KB)
o Tue Feb 15, 2000
Business Update

The Company wishes to provide a brief update of its recent successes in the oil and gas business as well as outline its plans for the next six months. Alberta (Garrington Well): The Company participated in this successful well during the fall of 1999, which is currently flowing approximately 60 barrels of oil equivalent per day. Kansas/Colorado (Siverson Well): This well has been in operation since February 1999 and has, to date, produced over 1.1 billion cubic feet of gas in the first yea... (3 KB)
o Wed Jan 5, 2000
Update on Garrington Well

The Company is pleased to provide an update from the operator of it's Garrington Well located 60 miles north of Calgary, Alberta. The Garrington, a horizontal well draining a 700 foot plus lateral segment of the Pekisko Dolomite formation has reached a steady production state at the present choke setting. The well is currently producing a total of 60 barrels of oil equivalent per day into the nearby Amoco pipeline. According to the operator, the well could almost double it's production rate if t... (3 KB)

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