Canadian Superior Kicks Off Wellsite Survey Activities and Procurement for Next 'Mariner' Well Offshore Nova Scotia: Front End Work Progressing, Regulatory Approval Process on Track.CALGARY, Alberta & HALIFAX, Nova Scotia For other uses, see Halifax. Halifax, Nova Scotia may refer to any of the following:
See: American Stock Exchange :SNG SNG abbr. 1. substitute natural gas 2. synthetic natural gas )(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SNG) of Calgary, Alberta confirmed today that work is underway preparing for the drilling of its next "Mariner" Project exploration well offshore Nova Scotia. Fugro Jacques GeoSurvey's Inc. of Dartmouth, Nova Scotia Dartmouth (2001 pop.: 65,741[0]), founded in 1750, is a community and planning area of the Halifax Regional Municipality, a provincially designated Metropolitan Area, and a former city in the Canadian province of Nova Scotia. , using the geophysical survey vessel, the M/V M/V Motor Vehicles M/V Motor Vessel M/V Merchant Vessel Anticosti, have been contracted to conduct wellsite survey field work on the "Mariner" block at additional "Mariner" Project drilling locations. The wellsite survey work is scheduled for mid-August pending obtaining a Geophysical/Geological Work Authorization approval for the program from the Canada-Nova Scotia Offshore Petroleum Board ("CNSOPB CNSOPB Canada Nova Scotia Offshore Petroleum Board "). Canadian Superior's Vice President, East Coast Operations, Mike Coolen, said in Halifax today, "The planned wellsite survey work is being undertaken in accordance with CNSOPB regulations, guidelines and good standard industry practice. Completion of this survey work is one of several ongoing engineering and procurement activities which have been initiated to progress the drilling of our next 'Mariner' Project exploration well. We anticipate completing this offshore wellsite survey work in August." The next "Mariner" Project well will be the second well drilled on Exploration License EL 2409 acquired by Canadian Superior in November 2001 for a work expenditure bid of Cdn. $15.5 million. The "Mariner" block (EL 2409), on which three large prospects have been identified based on seismic interpretation, encompasses a total area of 101,800 acres and directly offsets five significant discoveries near Sable Island including the ExxonMobil Venture natural gas field. Speaking in Calgary, Harvey Klingensmith, Canadian Superior's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. said, "In addition to preparing for this wellsite survey work, Canadian Superior is also in the process of evaluating jack-up drilling rig availability and capabilities. Expression of Interest submissions required for the drilling of the next "Mariner" well are due from prospective Drilling Contractors on July 5, 2004." Canadian Superior is a Calgary, Alberta based oil and gas exploration and production company with operations in western Canada, offshore Nova Scotia and offshore Trinidad. The Company is one of the largest acreage holders offshore Nova Scotia, with interests in 1,293,946 acres offshore Nova Scotia (See: Canadian Superior's website at www.cansup.com to review Canadian Superior's "Marquis, Mariner, Mayflower Mayflower, ship Mayflower, ship that in 1620 brought the Pilgrims from England to New England. She set out from Southampton in company with the Speedwell, , Marauder MARAUDER. One who, while employed in the army as a soldier, commits a larceny or robbery in the neighborhood of the camp, or while wandering away from the army. Merl. Repert. h.t. and Marconi Offshore Projects" and to view the "Table of Major Offshore Nova Scotia Acreage Holders" and "Offshore Nova Scotia Maps", to review information on the Company's Western Canadian operations and for information and detailed maps regarding Canadian Superior's new Trinidad "Tradewinds" Offshore Project and the recently awarded 5 (c) Block). Statements contained in this press release relating to future results, events and expectations are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, those described in the Company's annual report on Form 40-F on file with the U.S. Securities and Exchange Commission. Canadian Superior Energy Inc. Suite 1409, 1959 Upper Water Street Purdy's Wharf Tower 1 Halifax, Nova Scotia Canada B3J 3N2 |
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