SI
SI
discoversearch

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 : KERM'S KORNER
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kerm Yerman who wrote (9382)3/4/1998 12:26:00 AM
From: Arnie   of 15196
 
FIELD ACTIVITIES / CanBaikal Resources places Well on Production

CALGARY, March 3 /CNW/ - CanBaikal Resources Inc. wishes to announce that
it has placed its first well on production in western Siberia. Well No. 10,
the first exploratory well in the Kulun Field, went on production February 28
and is currently producing at an average rate of 630 bopd. The oil is being
purchased by Yukos Oil Corporation. Placing Well No. 10 on production is the
Company's first step in the development of the Untygey License Block which was
awarded to the Company on February 4, 1997, the first such license awarded to
an international company. Working with its advisor JP Morgan, the Company is
currently arranging financing for the ongoing exploration and development
program on the Block.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News