Laser Exploration, Inc. (LEI), Midland, Texas, www.laser- exploration.com ("Web Site") reports that its LIDAR oil and gas exploration system© identified anomalous atmospheric ethane gas over a prior ethane gas anomaly identified by geochemical soil gas survey.

     Sensitivity of near atmospheric background levels of ethane gas ranging over .94 miles promises to significantly enhance Laser's technical capabilities to directly detect surface locations of subsurface oil and gas deposits vertically leaking such gases in near surface atmosphere. See, "Final Report-March, '99 Field Test" and other Laser due diligence data, Web Site.

     Laser will drill its proposed Schramm/Worley No. 1, a 5,500' wildcat test of a Cretaceous Hosston "channel sand" supported by subsurface geological data, high geothermal anomaly data, geochemical soil gas survey, and atmospheric ethane gas leakage of 40 ppbv or twenty (20) times normal background. Currently, Laser is seeking institutional and industry investors for its initial exploration prospects. For additional information, contact Wayne Kreis, President, at 1-800-323-2255.