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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?


To: dennis naughler who wrote (439)4/23/1998 3:57:00 PM
From: bill  Respond to of 1288
 
Drilling begins at Pelahatchie deep well

Westfort Energy Ltd WT
Shares issued 12,230,583 Apr 22 close $3.35
Thu 23 Apr 98 News Release
Mr Whitney Pansano reports
The company has begun drilling its first 17,000 ft Norphlet test. The well
was spudded at 8:00 am this date and will be drilled to a depth sufficient
to set 80 ft of 16 inch conductor pipe. Nabors Drilling Company is
scheduled to move its rig No. 544 to the prepared drill site location
starting April 27. It is estimated moving in and rigging up will take three
to five days, with the next phase of drilling expected to start by May 1
1998. Plans are to drill a 12-1/4 inch hole to 5,100 ft in order to set the
next string of 9-5/8 inch casing. Following that procedure, a 8-3/4 inch
hole will be drilled to the next casing point which has been picked at
15,700-15,800 ft. It is anticipated that the complete drilling process to
17,000 ft will take an estimated 90 days. Progress reports will be
forthcoming.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com