Bobby / Pop Goes The we--errrr, Leopard
LEOPARDUS RESOURCES LTD.
VSE SYMBOL: LEP
OTC Bulletin Board SYMBOL: LPDUF
FEBRUARY 4, 1997
Leopardus Resources Initial Results from the 1996 Seismic
Program on the Buzi-Divinhe Block in Mozambique
VANCOUVER, BRITISH COLUMBIA--Leopardus Resources Limited
("Leopardus" or the "Company") has been informed by its
co-venturer, Scimitar Hydrocarbons Corporation ("Scimitar"), that
initial review of data from the extensive 2-D vibroseis program
conducted on the Buzi-Divinhe Block in Mozambique during the
latter part of 1996 has confirmed numerous robust leads and
prospects within the thick Lower Grudja formation sand sequences
that are widely distributed over the block. The data indicates
high potential for multiple gas-bearing zones and stacked pays
throughout much of the program area.
Reconnaissance seismic lines that were acquired by Scimitar as
part of the program indicate that the prospective
hydrocarbon-bearing fairway extends into the western half of the
block, thus significantly expanding the area available for future
gas exploration and development.
Detailed technical work is currently being completed by Scimitar
in preparation for finalizing the proposed 1997 field work
program. This work plan will be discussed in technical meeting to
be held in Calgary, Alberta during February, 1997 between
representatives of Leopardus, Scimitar, the Mozambican national
petroleum company, Empresa Nacional de Hyrdocarbonetos de
Mozambique ("ENH") and the Mozambican Ministry of Energy and
Mineral Resources.
Leopardus Resources Limited is an international oil and gas
exploration and development company. As part of its ongoing
activities, the Company is participating with major industry
partners in developing the resources and infrastructure necessary
to serve the natural gas markets in South Africa, Zimbabwe and
Mozambique. On behalf of the Board of Directors of Leopardus
Resources Limited, Stuart W. Rogers, Director. |
