Some directors in Pacrim have altered their holdings with Kerry Doble acquiring 2,500,000 shares for $25,000; Edward Durkee acquired 500,000; Sir Barry Holloway acquired 500,000; Richard Keevers acquired 1,500,000 shares; Edwin Stoyle acquired 2,500,000 and William Stubbs 1,500,000 shares. Stoyle then cut his substantial interest in Pacrim Energy from 20,855,755 ordinary shares (10.89%) to 26,037,723 shares (8.86%).

Clough Engineering has cuts its substantial interest in Mermaid Marine Australia from 20,807,385 shares (23.02%) to 15,807,385 shares (13.78%).

Wolf Martinick has acquired 100,000 listed options in Sun Resources for a consideration of $4,200.

Through a number of changes Andrew Shelton has acquired a total of 900,000 shares in Carnarvon Petroleum.

John Gillon has acquired 3,500,000 shares in Impress Ventures at four cents per share.

AMP briefly became a substantial shareholder in Oil Search by acquiring 55,895,500 shares (5.02%) but then sold its interest on the 20th.

Monarch Resources has cut its interest in Anzoil from 24,250,000 (17.68%) to 22,600,000 (16.45%).

Personnel

Dave Favell has joined PCT Engineers as Business Manager. He has been in Singapore for four years working for a multinational company as project director for a new pharmaceutical facility and managing regional offices engaged on a number of Oil & Gas projects in SE Asia.