CURLEW LAKE RESOURCES (CWQ-VSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: trooperp3a	8/31/2006 9:40:02 AM
	of 701

August 31, 2006 Langley, BC, Canada: Curlew Lake Resources Inc. (CWQ-TSX-V) (CWLXF.PK) is pleased to announce that the battery facilities for the 13-30 well (Curlew – 25 percent working interest) in the Fosterton project have been completed. The well is now on production and stabilized production results will be released as soon as they are available from the operator. The well was tested in May 2006 at rates as high as 167 barrels of medium gravity oil per day. This well is expected to put Curlew Lake in a net income position for the first time in corporate history. Studies indicate the additional lands held by the partners offsetting this well have the potential for a further 3-4 wells. Curlew Lake also wishes to update shareholders on the Métis Natural Gas Project due to commence drilling in the next 30-60 days. Curlew Lake has forwarded the initial funds called for by the operator, to obtain the surface leases, obtain the well licenses and prepare access roads and well sites. Based on conservative estimates a production rate in the range of 6-10 mmcf/day in total is expected for the initial 8 well program (approx. 330-550 BOE net to Curlew Lake). The drilling portion of the initial program will take about 4-6 weeks to complete. The plans provide for the initial wells to be in production prior to year-end. The Company has published to the corporate website a presentation giving an overview of the Métis project in Alberta. For additional information or to be added to the corporate mailing list please visit the following page curlew-lake.com On Behalf of the Board of Directors “Robert B. Pincombe” President

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next