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Article: Primary Petroleum Approves Phase One Drilling Program of 11 Locations Out of a Possible 44 Locations on Two of Its Montana Properties
- Article from:
- CCNMatthews Newswire
- Article date:
- October 16, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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CALGARY, ALBERTA--(Marketwire - Oct. 16, 2007) - Primary Petroleum
Corporation ("Primary" or the "Company") (TSX VENTURE:PIE) is pleased
to announce the commencement of its significant drilling program on
its two key prospects in Montana at an estimated cost of $5 million.
The Teton and Saturn Prospect covers approximately 120,000 net acres.
Teton: - The 3D seismic program on the Teton Prospect is currently
underway. Surveying commenced on October 5, 2007 with shooting and
recording underway on October 10, 2007. It is anticipated that the
field program will be completed by October 20th, with processing and
interpretation finalized by November 20, 2007. Primary is projecting