FIELD ACTIVITIES / HEGCO Canada perforates The El Grande Well
EDMOND, Oklahoma, March 12 /CNW/ - HEGCO Canada, Inc., announced today that it perforated 10 sections, within a 690 foot interval, of the El Grande well, on Wednesday, March 11, 1998. Today, March 12, 1998 the Company will retrieve the perforating guns from within the well bore and begin the isolation, clean up and testing of each of the sections within the 690 foot interval. The testing procedure and evaluation of this well will take place over the next several weeks.
Management is unaware of any adverse conditions at the well site and continues to be encouraged by the results of its logs and the completion of each step toward the final testing of this well.
HEGCO Canada, Inc., is an Alberta, Canada corporation trading on the Alberta Stock Exchange under the symbol, ''HEG''. The Company is an oil & gas production, servicing and drilling company operating in Oklahoma and Arkansas.
On behalf of the Board:
Douglas C. Hewitt, Director, Chairman |