SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT UNDER SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 30, 1998
Commission File Number: 0-14096
FORELAND CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
NEVADA 87-0422812
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
12596 W. BAYAUD AVENUE
SUITE 300, LAKEWOOD, COLORADO 80228
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(Address of Principal Executive (Zip Code)
Offices)
Registrant's Telephone Number, including Area Code:
(303) 988-3122
N/A
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(Former name, former address, and formal fiscal year, if changed since
last report)
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ITEM 5. OTHER EVENTS
Foreland Corporation announced on October 30, 1998 that the North Pine Creek #1-
6 test well will be plugged and abandoned today. The borehole encountered
numerous oil show zones over a 2,500' interval. Two drill stem tests were run,
and both tests recovered oil. As ascertained by these tests and the logs, the
permeability of the reservoir intervals encountered was insufficient to sustain
commercial production. The prospect was based on 3D seismic, and the accuracy
of the predicted depth of the target zones confirms the utility of this tool for
oil and gas exploration in Nevada. The number of shows and the oil recoveries
point to additional exploratory opportunities within the area of the 3D seismic
survey. Foreland is developing plans with its partners in this well to drill an
exploratory well to the south of the North Pine Creek #1-6.
The drilling rig will now be moved to Foreland's Dixie Flats prospect in
Huntington Valley to drill the Dixie Flats #1-4 well that is a 6,000 foot
Devonian test.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
Dated: November 20, 1998
FORELAND CORPORATION
By /s/ N. Thomas Steele, President
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