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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 11.66-1.9%Nov 6 3:59 PM EST

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To: floj who wrote ()11/2/1998 2:05:00 PM
From: keetmon  Read Replies (1) of 1288
 
Progress on 18-4 No. 1 Pelahatchie field well completion

Westfort Energy Ltd WT
Shares issued 22,230,583 Oct 30 close $0.85
Mon 2 Nov 98 News Release
Ms. Jean Williams reports
Upon cementing and perforating the 18-4 No. 1 Pelahatchie field well in the
11,300 foot Hosston formation and after swabbing 450 barrels of fluid,
significant shows of oil have been indicated, together with appreciable
amounts of water. The company's completion engineer believes that the water
is entering the well from a formation above the production interval. A
cement squeeze to shut off the flow of water has been recommended and work
to accomplish the same will commence tomorrow.
When there is another material development concerning completion of the
well, it will be immediately announced.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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