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Article: Pacific Energy Resources Ltd.: Wyoming Gas Project Well, Pacific Paladin 15-18, Reaches Total Depth.
- Article from:
- Canadian Corporate News
- Article date:
- February 19, 2007
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Copyright informationCOPYRIGHT 2007 Canadian Corporate News. News Provided by Comtex. 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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LONG BEACH, CALIFORNIA, Feb 19, 2007 (CCNMatthews via COMTEX) -- Pacific Energy Resources Ltd. (TSX:PFE) (The "Corporation") is pleased to announce that it has successfully drilled Pacific Paladin 15-18 well to the base of the Mesaverde formation with a total depth of 13,851 feet (Satisfying the terms of the Shell Participation Agreement as amended). The well was logged on February 14th and 15th 2007. Based on preliminary evaluation of open hole logs sand development has been identified in the upper Lance (9,390 ft - 9,930 ft) 540 feet of gross interval and 225 feet of net sand with hydrocarbon shows. Within the Mesaverde formation (12,575 ft - 13,860 ft) 1,345 feet of gross ...