Blue Parrot Energy Inc. Starts Construction of New Gas Pipeline at Bonnie Glen Cardium A Unit.Energy Editors/Business Editors CALGARY, Alberta--(BUSINESS WIRE)--Feb. 11, 2004 Blue Parrot Energy Inc (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BPA BPA British Paediatric Association. ) (Berlin:BPX BPX Business Process Expert BPX Business Process eXcellence (Delphi Group event) BPX Burning Plasma Experiment BPX British Petroleum Exploration BPX Broadband Packet Exchange BPX Bus Parcel Express (Canada) .BE) is pleased to announce that construction is now underway on a new gas pipeline that will connect the Company's collection battery at 1-35-46-28 W4 to the new well site 5-19-46-27 W5, the location of the Company's four planned new wells. The pipeline will collect oil and solution gas from the new wells and deliver it to the Company's main battery for processing and delivery. Completion of the pipeline is scheduled to coincide with the completion of the drilling of the first new wells. Bill Elligson, President, said "This new pipeline will enable us to double our production, through conservation of the resource and by allowing us to market the solution gas." About Blue Parrot: Blue Parrot Energy Inc. (TSX-V: BPA) is an oil and natural gas exploration development based in Calgary, Alberta, Canada. The company's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Blue Parrot Resources, is currently producing 170 BOE/D from its Bonnie bon·ny also bon·nie adj. bon·ni·er, bon·ni·est Scots 1. Physically attractive or appealing; pretty. 2. Excellent. Glen oil wells, located near Edmonton, Alberta. Blue Parrot recently received four drilling permits for its Bonnie Glen Cardium A Unit, located southwest of Edmonton. Bill Elligson, President The TSX has neither approved or disapproved this release. |
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