FIELD ACTIVITIES / Cavell Williston Discovery
CAVELL ENERGY (U.S.) CORPORATION ANNOUNCES INTERLAKE DISCOVERY, WILLISTON BASIN, NORTH DAKOTA
CALGARY, July 8 /CNW/ - Cavell Energy Corporation (KVL:TSE) announced today, along with its partners Lyco Energy Corporation, Dallas Texas and Tipperary Corporation, Denver, Colorado, the recent completion of its Plumer-Lundquist 25-2 well in the Interlake formation. The Plumer-Lundquist 25-2 (Cavell interest 25%) is located 13 miles north of Alamo, Divide County, North Dakota. Perforation of the Interlake formation has resulted in sustained production of 225 BOPD flowing through an 8/64'' choke with a surface flowing tubing pressure of 1,500 psi. An initial completion was made in the Red River formation. While the zone was commercial, it was temporarily suspended to perforate and test the Interlake. The closest Interlake production is in the Moraine Field, about 6 miles to the east.
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-30- For further information: Murray McCartney, President and Chief Executive Officer, or Arthur Madden, Vice-President Finance and Chief Financial Officer, (403) 269-8337, Fax: (403) 264-1627
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