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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (6203)	3/23/1999 10:22:00 PM
From: Richard Saunders	Read Replies (1) of 24892

another possible wildcatting area play? - Kakwa Area in NW Alberta. To date some decent liquid rich gas finds (appear to be Wabamun profile) have occured. Chevron with Berkley & Newport had a "major gas discovery" about a year ago in the general Kakwa/Musreau area, Petromet has had successes in region and currently has tighthole status on some projects, Alberta Energy has a well currently drilling at 15-33-61-5 W6M and there's speculation that some good reserves may be proved up. Other areas which have recently proved good would possibly include Petro-Canada's success at Wildcat Hills (16-28-28-7 W5M), Canadian Hunter's Colt area discovery at 14-36-58-24 W5M and possibly Husky Oil's rumoured Red River formation play in SE Sask. near Ceylon, approx. 10 townships west of Midale.

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