Press Release

 

November 16, 1998

MORRISON MIDDLEFIELD ANNOUNCES ANOTHER SUCCESSFUL SALTFLEETBY WELL

Morrison Middlefield Resources Limited is pleased to announce that its Saltfleetby 1u gas well tested at initial rates of over 15 mmscf/d and with substantial volumes of natural gas liquids. These preliminary results are from an extended test of the well which will continue over the next three weeks. This well is the second successful development well at Saltfleetby and follows the previously announced Saltfleetby 2 well that tested over 10 mmscf/d earlier this year.

The common shares of Morrison Middlefield Resources Limited are listed on The Toronto Stock Exchange under the symbol MM.

For more information, please contact:

In London:
Peter A. Braaten
President and CEO
0171-814-6644
In Toronto:
Raymond R. Pether
Chief Operating Officer
(416) 362-0714
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