FIELD ACTIVITIES / High Plains blowout
High Plains Energy Inc.
CALGARY, Oct. 11 /CNW/ - HIGH PLAINS ENERGY INC. THROUGH ITS WHOLLY OWNED AMERICAN SUBSIDIARY, GRIFFON PETROLEUM INC., ANNOUNCED THAT AS A NON-OPERATOR, AND WITH A 37.48535% WORKING INTEREST IN THE WELL, IT HAD EXPERIENCED A BLOWOUT ON ITS HOEFELDT 4-33N-17E, HILL COUNTY, MONTANA, DRILLING WELL, AT 3:30 A.M. ON OCTOBER 9, 1998. THE WELL BLEW OUT AT 1,150 FEET, AT A RATE ESTIMATED AT MORE THAN 5,000,000 CFD, WHILE THE DRILLERS WERE MAKING A CONNECTION ABOVE THE TARGET FORMATION, AND CAUGHT FIRE DESTROYING THE DRILLING RIG. THREE OF THE DRILLING CONTRACTORS PERSONNEL SUSTAINED MINOR INJURIES WITH ONE BEING HOSPITALIZED IN HAVRE, MONTANA. THE WELL IS CURRENTLY ON FIRE WITH NO DANGER TO THE PUBLIC OR ANY STRUCTURES. CUDD PRESSURE CONTROL, INC. OF WOODWARD, OKLAHOMA, A COMPANY THAT SPECIALIZES IN WELL CONTROL, HAS REPRESENTATIVES ON THE SITE AND WILL SUPERVISE ALL OPERATIONS. THE WELL WAS INTENDED AS A DEVELOPMENT WELL IN THE TIGER RIDGE GAS FIELD OF MONTANA. GRIFFON PETROLEUM INC. HAS INTERESTS IN MORE THAN 14,000 NET ACRES IN THE AREA.
THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE INFORMATION CONTAINED HEREIN.
-30- For further information: PLEASE CONTACT MR. HAROLD BOWMAN, PRESIDENT OF HIGH PLAINS ENERGY INC. (403) 290-0078
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