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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Al Collard who wrote (6618)	2/13/2002 8:41:17 PM
From: Bearcatbob	Respond to of 11802

Al - should I start a rumor - ah better not! Oh about this? CWQ has a small interest in this well! Raptor Announces Turner Valley Well CALGARY, Feb. 13 /CNW/ - Mr. Norman J. Mackenzie, Chairman of Raptor Capital Corporation ("Raptor") announces that the Turner Valley Whiskey Lsd 3 Sec 8 Twp 22 Rge 3 W5M Development well has commenced operations with Impact Energy Inc. as operator. The 11,000 ft well will test the Mississippian Turner Valley Overthrust potential of Section 8 and will take approximately 70 days to complete. The 3-8 well is approximately 1 mile north of the Impact Whiskey Lsd 7 Sec 5 Twp 22 Rge 3 W5M gas condensate discovery that was placed on stream November 2001; and 2 miles north of the Impact Whiskey Lsd 10 Sec 32 Rge 21 Twp 3 W5M well rig-released in January 2002. A successful well at 3-8 will be tied into a natural gas production pipeline located approximately 2 1/2 miles south of the 3-8 surface location for processing at the Quirk Creek Gas Plant. The 3-8 well is 3.5 miles south of the Shell Sarcee Gas Field which has produced in excess of 175 Bcf natural gas from two wells in the thrusted Turner Valley Mississippian formation. Raptor will have a 10.8% working interest after payout in Section 8.