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Gold/Mining/Energy : Can. MOMO PUPPY NEWS RELEASE'S
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To: Ed Pakstas who wrote ()3/18/2000 1:56:00 AM
From: Ed Pakstas  Read Replies (1) of 32
 
Commonwealth Energy Corp -
Commonwealth completes FRAC treatment
Commonwealth Energy Corp CWY
Shares issued 27,259,163 2000-03-16 close $0.51
Friday Mar 17 2000

Mr. Doug Wolters reports
A FRAC treatment was completed yesterday in the Duffer formation of the Warren/Thurmond No. 2 well on the company's Camp Colorado prospect in Texas.
The FRAC designed by the engineer and implemented was 100 per cent successful. The well flowed back through the night and was shut in early this morning. The shut-in, build-up pressure was measured at 1,205 PSI (pounds per square inch). The well was then opened and flowed both oil and gas. The quantities of oil and gas will be measured during a four-point flow test which will occur over the next few days. These results will be announced.
Commonwealth is very encouraged by this result and as soon as the flow testing is completed, will put the well on production. All production facilities and equipment are in place and the pipeline company has capacity to buy the gas.
Commonwealth plans to drill additional wells on the 2,600-acre Camp Colorado prospect this year. The two successful wells drilled to date have proven that this prospect has multizone production potential. The prospect appears to have room for the drilling of an additional 10 to 12 wells.
The company also wishes to announce that a further section in the Caddo limestone formation of the producing Warren/Thurmond No. 1 well was perforated and FRACED. Additional production is anticipated from this well.
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