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Article: Primary Petroleum's Highview 16-5 Well Commences Production Testing and Extends 3D Seismic Program in Montana.
- Article from:
- Canadian Corporate News
- Article date:
- June 9, 2008
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Copyright informationCOPYRIGHT 2008 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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CALGARY, ALBERTA, Jun 9, 2008 (Marketwire via COMTEX) -- Primary Petroleum Corporation (TSX VENTURE:PIE)(PINK SHEETS:PETEF) ("Primary" or the "Company") is pleased to announce that its Highview 16-5 discovery well has commenced production testing which is expected to last approximately 30 to 40 days. The Company has entered into a sales contract whereby it receives WTI minus $10 per barrel at the well head.
Additionally, Primary is proceeding with a four sq. mi. extension to the current 3D seismic coverage to evaluate the Sunburst structure that has been identified in the Highview 16-5 discovery oil well on its Teton prospect in Western Montana. This program is expected to ...