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oShow printable version of 'The Company wishes to announce that the Redwater W...' in a New WindowMon Apr 3, 2000
The Company wishes to announce that the Redwater Well has been drilled in Alberta.

 The Company wishes to announce that the Redwater Well has been drilled in Alberta. The well intersected a 40 foot layer of extremely porous limestone and yielded considerable natural gas at very high pressure. The combination of extremely porous limestone and the high-pressure gas has caused the well to percolate water from the layer beneath the gas layer and flood the test well. Unfortunately the Company will abandon this well and re-evaluate this prolific natural gas zone. As this well was drilled for considerably less than anticipated, the Company is negotiating to use the unspent amount on the drilling of an infill type gas well in southern Alberta, that was brought to the Company's attention over the last few days. The Company will issue a formal news release when and if this infill well is acquired by the company


On behalf of the Board of Directors

Gary Claytens
President
 
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You can view the Next News Releases item: Thu Oct 5, 2000, The Company is pleased to announce that it has entered into an Investor Relations contract with Panstar Capital Corp(Panstar).

You can view the Previous News Releases item: Wed Mar 29, 2000, Mount Dakota Begins Drilling Redwater Well

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