KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: pete meyer who started this subject	12/11/2003 7:21:57 AM
From: Bearcatbob	Read Replies (1) of 15703

Gang - PYR Lives! Merry Christmas to us! PYR Energy Signs Agreement for Wyoming Overthrust Projects DENVER, Dec. 11 /PRNewswire-FirstCall/ -- PYR Energy Corporation today announced that the Company has signed an agreement with two private oil and gas exploration companies covering the Company's exploration projects in the Overthrust of Southwestern Wyoming. The agreement calls for an initial well to be drilled to test the Cumberland Prospect in section 16, T18N, R118W. The Cumberland Prospect is a Jurassic Nugget test of an undrilled structure at the leading edge of the Absaroka Thrust. The Nugget Formation has produced in excess of 3.70 Tcfe of natural gas from structural closures on the Absaroka Thrust. The Cumberland Prospect is on trend with these productive features, and is located approximately 5 miles northeast of the Ryckman Creek field. Ryckman Creek field was discovered in 1975 by Amoco and Chevron, and produced in excess of 250 Bcfe of natural gas from the Nugget, prior to abandonment.

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