FIELD ACTIVITIES / Corridor Anticosti well
FIRST ANTICOSTI WELL FINISHED DRILLING - CORRIDOR RESOURCES INC.
HALIFAX, Nova Scotia, July 7 /CNW/ - Corridor Resources Inc. (CDH-ASE)
announced today the Roliff No. 1 exploration well on Anticosti Island has
encountered minor shows of natural gas but no commercial quantities of
hydrocarbons. The well is the first of two wells to be drilled this summer as
part of a four well farm-in by Shell Canada Limited and Encal Energy Ltd. on
licences held by Corridor. Corridor is being carried for all exploration
expenditures by the farm-in partners. Following the abandonment of the Roliff
well this week, the drilling rig will be relocated to drill the Jupiter No. 1
well, positioned on the up-thrown side of the large Jupiter fault. The Jupiter
well is expected to reach total depth by about the middle of August. Shell is
the operator.
Corridor is a junior natural resource corporation focussing on oil and
gas exploration in eastern Canada. The head office of Corridor is located in
Halifax, Nova Scotia, and its common shares trade on the Alberta Stock
Exchange under the symbol CDH.
The Alberta Stock Exchange has neither approved or disapproved the
information contained herein.
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For further information: Norman Miller, President, Corridor Resources
Inc., No. 301, 5475 Spring Garden Road, Halifax, Nova Scotia, B3J 3T2; Tel:
(902) 429-4511; Fax: (902) 422-6715; Email: info@corridor.ns.ca; URL:
www.corridor.ns.ca
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