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Article: Galaxy Energy Corporation Updates Coalbed Methane Operations in the Powder River Basin.
- Article from:
- PR Newswire
- Article date:
- February 16, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Galaxy has Completed 155 Coalbed Natural Gas Wells in Wyoming and has Another 45 Wells in Various Stages of Completion; 17 are now Producing Natural Gas; 100 Will Begin the Dewatering Process by Spring 2005
Galaxy Energy Corporation (BULLETIN BOARD: GAXI) today provided an interim production and operations update for its coalbed methane (CBM) operations in the Powder River Basin in Wyoming and southern Montana.
Galaxy has completed a total of 155 coalbed methane natural gas wells on its Wyoming properties and has another 45 wells in various stages of completion. Seventeen of these wells are now producing natural gas at a rate of approximately 600,000 ...