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Article: Primary Petroleum Corporation: Successful Completion of the First of the Eight Well Teton Drilling Program in Montana
- Article from:
- CCNMatthews Newswire
- Article date:
- April 3, 2008
CopyrightCopyright 2008 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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CALGARY, ALBERTA--(Marketwire - April 3, 2008) - Primary
Petroleum Corporation (TSX VENTURE:PIE)(PINK SHEETS:PETEF)
("Primary" or the "Company") is pleased to announce that it has run
production casing on all four wells drilled and has now completed
testing on the first well. Swab testing indicates that the well is
capable of 105 barrels/oil/day of light gravity clean oil. 3D
seismic indicates potential of eight to ten offsetting locations.
The Company will begin production from each well as soon as
possible.
The remaining three wells are in various stages of completion
with further results pending. All wells drilled to date have
intersected either the Sunburst and/or Madison formations ...