The train is about to leave du station!!! ALL ABOARD!!
CWQ-VSE NEWS RELEASE
February 16, 2000
EKHO #1 Reaches 11,000 Feet!
The EKHO Project consortium is pleased to announce that the EKHO No. 1 test
well, spudded February 7, 2000, has drilled past 11,000 feet. The total
target depth for the well is 19,500 feet.
Located 40 miles northwest of Bakersfield, California, the EKHO No. 1 is the
first of three wells scheduled to test a large structurally controlled
stratigraphic trap identified geologically and confirmed by seismic data.
The primary target formation is in the Temblor sandstones, a thick package
of Middle and Lower Miocene horizons in which previous drilling identified
hydrocarbon prone sections. Technological advances within the industry over
the past 25 years provide the opportunity to exploit these zones. In
addition to the Temblor Sandstones, secondary targets exist above the target
depth.
Nine Canadian Venture Exchange (CDNX) resource companies and various
individual investors have funded the EKHO No. 1. The EKHO Consortium
includes, Aster Ventures Corp. (ASV.V) with a 20% working interest, Curion
Venture Corp. (CUV.V) 20%, Lucre Ventures Ltd. (LVD.V) 12%, Berkshire
International Mining Ltd. (BKR.V) 10%, CVL Resources (CVL.V) 9.64%,
Consolidated Bradbury International Equities (CBN.V) 5%, Curlew Lake
Resources (CWQ.V) 5%, Pan Ocean Explorations (POE.V) 5% and Prairie Pacific
Energy Corporation (PRP.V) 5%.
Tri-Valley Corporation is the publicly traded parent (OTC BB "TRIL") of
Tri-Valley Oil & Gas Co., EKHO Project operator.
On behalf of the
Board of Directors,
"Signed"
Robert B. Pincombe
President
Disclaimer: The Canadian Venture Exchange has not reviewed this release nor
does it accept responsibility for the adequacy or accuracy of its contents.
Further, this release is not intended as a solicitation to buy or sell these
securities in any jurisdiction and is furnished for information purposes
only.
CURLEW LAKE RESOURCES INC. (CWQ-VSE)
"A Junior Oil & Gas Company"
Box 10110, #308-701 West Georgia Street
Vancouver, B.C., Canada V7Y 1K8
TEL: 604-688-9951 / FAX: 604-682-3475
EMAIL: dataon@curlew-lake.com / URL: curlew-lake.com |
