Has any one got any further info on Oxbow Explorations, OXB on ASE?
This was a news release on Oct.7, according to there chart it looks promising,IMHO, thanks Fred
October 7, 1996
Enters Into Agreement to Develop Deep Rights Potential
CALGARY, Oct. 7 /CNW/ - Oxbow Exploration Inc. (A.S.E. Symbol: ``OXB'') has entered into
an Agreement to develop the deep rights potential on its properties in the Macoun Area of
Southeast Saskatchewan. The first well will be spud shortly and drilled, at no cost to Oxbow, to a
depth of approximately 2900 meters to test a well-defined 3-D seismic prospect in the Red River
Formation. Oxbow will retain a 50% working interest after payout. If the first well is successful up
to four (4) further wells could be drilled on the Oxbow lands.
For further information: D.L. Barlass, President & C.E.O. or Flora Gillespie, Vice-President,
Engineering, Oxbow Exploration Inc., (403) 237-8944, Fax (403) 262-2828 |
