CORDEX Petroleums Inc. Company Update.DENVER Denver, city (1990 pop. 467,610), alt. 5,280 ft (1,609 m), state capital, coextensive with Denver co., N central Colo., on a plateau at the foot of the Front Range of the Rocky Mts., along the South Platte River where Cherry Creek meets it; inc. 1861. , Colorado--(BUSINESS WIRE)--May 13, 1998--Cordex Petroleums Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CZX.A.) will plug and abandon the Moralito X-2 well, located in the 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 northwestern Argentina Argentina (ärjəntē`nə, Span. ärhāntē`nä), officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. . The well, which spudded on May 3, 1998, was drilled to a total depth of 586m. The objective Yacoraite was encountered at 560 to 564m with weak oil shows. Immediately below the Yacoraite, strong water flow was encountered from 564 to 586m in Lecho and Devonian sandstones. The well was not tested because of complications related to the weak oil shows, strong water flows and thin reservoir interval. The well fulfills the group's drilling commitment on the block through May 1998. The group has one additional exploration period on the concession. CORDEX Petroleums Inc. operates the Santa Barbara block with a 90 percent interest. First Australian Australian pertaining to or originating in Australia. Australian bat lyssavirus disease see Australian bat lyssavirus disease. Australian cattle dog a medium-sized, compact working dog used for control of cattle. Resources of Australia hold a 10 percent interest. CONTACT: Cordex Petroleums Inc. Bob Zilinski, 303/ 297-2016 x122 |
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