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CORDEX PETROLEUMS INC. ANNOUNCES THE PLUGGING OF THE ESTHER X-1 WELL.


DENVER, COLORADO--(BUSINESS WIRE)--JULY 24, 1995--CORDEX PETROLEUMS 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. announced the plugging of the Esther X-1 Well on the Company's 1,900,000 acre Rio Senguerr Block in Argentina. The Company has identified a series of prospects on the block and intends to drill a second well on Rio Senguerr in the near term. CORDEX and its partners are currently in the process of evaluating and incorporating data from the 2,900 meter Esther X-1 Well to determine whether to drill a proximate proximate /prox·i·mate/ (prok´si-mit) immediate or nearest.

prox·i·mate
adj.
Closely related in space, time, or order; very near; proximal.



proximate

immediate; nearest.
 offset to that well or to move to one of the originally scheduled prospects.

The Esther X-1 Well was the first well in CORDEX's initial six well exploratory program to evaluate the Company's 8,500,000 acres of oil and gas exploratory concessions in Argentina.

CORDEX expects to spud the first of two wells on its 1,200,000 acre Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850.  Block in approximately thirty days.

CONTACT: Don Townsend

(303) 297-2016 ext. 125 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

80
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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:Jul 24, 1995
Words:173
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