Continental Southern Resources, Inc. Announces Successful Logging of the Middle Miocene Sands in the North Hell Hole Bayou Prospect.Business Editors BALA CYNWYD, Pa.--(BUSINESS WIRE)--Sept. 3, 2002 Continental Southern Resources, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CSOR CSOR Central Scotland Off-Roaders CSOR Canadian Special Operations Regiment (Canadian Forces) CSOR Computer Security Objects Register CSOR Chip Select Option Register CSOR Cumulative Steam Oil Ratio CSOR College Skills Orientation ) (the "Company") today announced the North Hell Hole Bayou bayou (bī`ō, bī` ) [Louisiana Fr.; from Choctaw bayuk=small stream], term used mainly in U.S. prospect, SL 16141 No. 2, has successfully logged the Middle Miocene The Middle Miocene is a sub-epoch of the Miocene Epoch made up of two stages: the Langhian and Serravallian stages.The sub-epoch lasted from 15.97 ± 0.05 mya to 11.608 ± 0.005 Mya (million years ago). During this period, a sharp drop in global temperatures took place. sands in the well bore with over 286 feet of sand in the upper section (the "O Sands") and forty feet of sand in the lower section ("MA-1"). These Sands correlate with the sands found in the previously drilled SL 16141 No. 1 well. Mud weight has been raised to 14.5 ppg. The well will now continue to be drilled to the permitted and contracted drilling depth of 20,500 feet. The primary objective of the project is the Discorbis B-30 sands. Prior to reaching total depth, additional logs will be run and intermediate casing will be set at 18,450 feet. It is anticipated that the well will penetrate the deep objective within six weeks. Prior to reaching the main pay interval, gas sands are expected at approximately 18,750 and 19,150 feet. The first sand was seen at total depth in the No. 1 well. In the No. 1 well, the high quality gas shows in the upper zone required well controlled specialist Boots and Coots COOTS Conference on Object-Oriented Technologies and Systems to be on location to stabilize the well. The No. 2 well will have over 100 feet of structural advantage over the original well. This release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding potential future events and developments affecting the business of the Company. These forward-looking statements involve known and unknown risks, uncertainties or other factors not under the Company's control which may cause actual results, performance or achievements of the company to be materially different from the future results, performance, achievements or other expectations expressed or implied by these forward-looking statements. |
|
||||||||||||

)
Printer friendly
Cite/link
Email
Feedback
Reader Opinion