Turner Valley Operations:

Wells: Crude Oil Producing (Under quota) 152; Testing production 4; Shallow Oilwells 3; Naphtha wells (Operating) 55; Drilling 22; Located 11; Standing 10; TOTAL: 257.

July Allotment (Crude, Shallow & Naphtha Wells): 806,000 bbls (26,000 bbls per day).

Wells testing (No Quota yet): HOME MILLARVILLE Nos. 7 & 8; ROYALITE No. 47 & 56.

Wells drilling in Madison limestone: B.A.. - BROWN 1; MIRACLE ROYALITES 1.

ROYALITE No. 60 North End test in lsd 5 14-20-3w5 quarter of a mile south of recently completed Royalite 56, was spudded in at 5 p.m. last Saturday and, at 8 a.m. Friday, was making hole below 615 feet. The well is being drilled with the heavy duty rotary from the Royalite 56 well.

Unexpectedly, the DRILLERS & PRODUCERS No. 2 Well, located on the Central West flank in lsd 12 7-19-2w5, spudded in last Monday afternoon and was down to 151 feet at 8 a.m. Friday. The well is the second to get drilling underway of three ventures located early in March by the newly formed DRILLERS & PRODUCERS LTD. It was originally scheduled to spud in by July.