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Article: Adroit Resources Inc.: Second Steen Oil Well Drilling and First Steen Oil Well Update.
- Article from:
- Marketwire Canada
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 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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VANCOUVER, BRITISH COLUMBIA, Sep 14, 2009 (Marketwire via COMTEX) -- Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) -
Second Steen Oil Well. Management is pleased to report that the Company has received an election notice to participate in the drilling of the second Steen Oil Well from NYTEX Petroleum, LLC, Dallas, (NYTEX), the Company's local advisor, and has elected to participate.
The Company's cost of drilling and testing the well is USD 29,665 and the cost of completion is USD 19,870. The Company's USD 49,535 total cost of participation in the Second Steen Oil Well represents a 10% working interest, which will realize an estimated ...