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Article: United States: PetroWorth Commences Seismic Program in Cape Breton.
- Article from:
- TendersInfo
- Article date:
- July 11, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. 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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Byline: rakshali03
PetroWorth Resources Inc. (CNSX:PTW) (FRANKFURT:T3F) announced today that an 80-kilometre 2-D seismic program is now underway on the Lake Ainslie Block property in Cape Breton, Nova Scotia. The seismic program is being conducted by Conquest Seismic Services Inc. and is expected to be completed in early August.
PetroWorth has 100% exploration and development rights to 383,000 acres on the Lake Ainslie Block. Over the years, numerous oil seeps to surface have been observed on this property. Moreover, in the late 1800s and early 1900s, a number of shallow wells were drilled on the Lake Ainslie Block, most of which encountered oil and/or ...