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Abacan Resource Corp. Nears Completion of Nigerian Well.


CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta--(BUSINESS WIRE)--Sept. 24, 1996--Abacan Resource Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ABACF) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
.) announces that the drilling of its first deep water exploratory well, the AJE No. 1 well, located on the corporation's offshore Concession Block 309 in the Benin Basin of western Nigeria is currently ongoing and nearing anticipated total depth. Upon completion of drilling operations, the corporation will make a decision on the future operations to be conducted in respect of the well.

CONTACT: Abacan Resource Corporation

Wade Cherwayko, (403) 262-1220

or

Abacan Resource Corporation

Ms. Lon Boshouwers, (403) 262-1220
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 24, 1996
Words:92
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