RESOURCE EXPLORATION &lt;REXI> IN DRILLING PACT

  Resource Exploration Inc said it has
  agreed to let &lt;Langasco Energy Corp> drill 50 oil and
  natural gas wells on its Clinton Sandstone formation within its
  Tuscarawas and Harrison County, Ohio area of operation.
      Resource said it would receive a cash payment and an
  overriding royalty interest on oil and gas production from
  wells drilled on the property.
      Resource said gas produced from the property will be
  transported through its existing pipeline. Also, Resource said
  it will provide service work to complete the wells and it will
  operate the wells after they are completed.
  

