West Energy Ltd. Announces Nisku Discovery at Crossfire


    CALGARY, July 7 /CNW/ - West Energy Ltd. ("West" or the "Company") (TSX:
"WTL") announces that the Company operated well located at West Pembina
09-01-050- 6W5 has been cased as a potential Nisku oil well.
    The 9-1 well was spudded June 18 targeting a large Nisku seismic anomaly
in the Crossfire area. An analysis of both the openhole logs and wellsite
geologic strip log indicate a 33 metre porous dolomite Nisku reef with an 18
meter hydrocarbon column. The porosity in the Nisku zone at 9-1 is similar to
the Company's prolific Nisku oil well at 13-2-50-6W5 located approximately
2.0 miles to the west. The 9-1 well has been cased and the drilling rig
released. Completion operations and flow testing of the Nisku zone will
commence prior to the end of July.
    West is paying 75.0% of the drilling and completion costs and will have a
67.5% working interest in the wellsite facilities and production. Following
completion and testing, the Company will tie-in the 9-1 well into the wholly
owned Crossfire battery located at 13-02-050-06W5. West has designed
facilities, surveyed the pipeline right-of-way, obtained a construction permit
and procured long lead equipment to expedite the well tie-in. Current plans
are for the 9-1 well to be on stream before the end of the third quarter.
    Success at the 9-1 well validates the geological and geophysical concept
developed by West's technical team and confirms a number of subsequent Nisku
development and exploration drilling opportunities on Company owned lands in
the Crossfire area.

    Reader's Advisory:
    Certain information regarding West Energy Ltd. in this news release
including management's assessment of the future plans and operations and their
timing may constitute forward-looking statements under applicable securities
laws and necessarily involve risks including, without limitation, risks
associated with oil and gas exploration, development, exploitation,
production, marketing and transportation, changes to the proposed royalty
regime prior to implementation and thereafter, loss of markets, volatility of
commodity prices, currency fluctuations, imprecision of reserve estimates,
environmental risks, competition from other producers, inability to retain
drilling rigs and other services, incorrect assessment of the value of
acquisitions, failure to realize the anticipated benefits of acquisitions,
delays resulting from or inability to obtain required regulatory approvals and
ability to access sufficient capital from internal and external sources. As a
consequence, actual results may differ materially from those anticipated in
the forward-looking statements. Readers are cautioned that the foregoing list
of factors is not exhaustive. Additional information on these and other
factors that were applied in drawing a conclusion or making a forecast or
projection as reflected in the forward-looking information and that could
cause actual results to differ materially from those anticipated in the
forward-looking statements are included in reports on file with Canadian
securities regulatory authorities and may be accessed through the SEDAR
website (www.sedar.com) or at the Corporation's website (www.westenergy.ca).
Furthermore, the forward-looking statements contained in this news release are
made as of the date of this news release and the Corporation does not
undertake any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.

    %SEDAR: 00018134E

For further information:

For further information: West Energy Ltd. 600, 333 5th Avenue S.W.,
Calgary, Alberta, T2P 3B6, Main Phone: (403) 265-5202, Facsimile: (403)
263-7007; Attention: Ken McCagherty, President and Chief Executive Officer,
Email: mccagherty@westenergy.ca, Direct Phone: (403) 716-3458; Attention:
Scott Bridge, Vice President Finance and Chief Financial Officer, Email:
sbridge@westenergy.ca, Direct Phone: (403) 716-3457

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