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CORDEX PETROLEUMS INC. - DRILLING UPDATE.


DENVER, COLORADO--(BUSINESS WIRE)--JUNE 27, 1995--CORDEX PETROLEUM INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: CZX.A) CORDEX Petroleums Inc. announces spudding on the Bellerophon Prospect in 150 feet of water, Offshore Northwest Australia. The rig was towed to location Friday, June 23rd. The well spudded on June 23rd and is currently drilling below 570 meters.

On CORDEX's Esther X-1 Well in the El Tesoro Prospect, located on Chubut Province Chubut is a province in the southern part of Argentina, that lies between the 42nd Parallel South (forming the border with the Río Negro Province) and 46th Parallel South (bordering Santa Cruz Province), the Andes range separating Argentina from Chile, and the Atlantic ocean. , Argentina, CORDEX has been drilled out from under surface pipe at 257 meters, and is currently drilling below 650 meters. The El Tesoro is the first of CORDEX's planned evaluation wells on the block.

CONTACT: Don Townsend

(303) 297-2016

(303) 297-1432 (Fax) REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 27, 1995
Words:117
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