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Abacan Resource Corp. nears completion of drilling phase.


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)--Aug. 14, 1996--Abacan Resource Corp. announces that it is nearing completion of the drilling phase of its first deep-water deep-wa·ter
adj.
Of, relating to, or carried on in waters of a relatively great depth: a deep-water port; deep-water drilling for oil.

Adj. 1.
 exploratory well, AJE No. 1, located on the company's offshore Concession Block 309 in the Benin Benin, country, Africa
Benin (bĕnēn`), officially Republic of Benin, republic (2005 est. pop. 7,460,000), 43,483 sq mi (112,622 sq km), W Africa, bordering on Togo in the west, on Burkina Faso and Niger in the north, on Nigeria in
 Basin of western Nigeria Nigeria (nījĭr`ēə), officially Federal Republic of Nigeria, republic (2006 provisional pop. 140,003,542), 356,667 sq mi (923,768 sq km), W Africa. .

Upon completion of drilling operations and an evaluation of the drilling logs, the corporation will make a decision on the future operations to be conducted in respect of the well.

CONTACT: Abacan Resource Corp.

Wade Cherwayko, 403/262-1220 or

Lon Boshouwers, 403/262-1220
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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:Aug 14, 1996
Words:86
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