Corridor Completes Drilling Operations at the McCully B-58 Well.HALIFAX, Nova Scotia For other uses, see Halifax. Halifax, Nova Scotia may refer to any of the following:
TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CDH Congenital diaphragmatic hernia (CDH) A condition in which the fetal diaphragm—the muscle dividing the chest and abdominal cavity—does not close completely. Mentioned in: Prenatal Surgery ) announced today that the McCully B-58 well has been drilled to a total depth of 2493 meters. The well encountered 22 meters of indicated net gas pay in the Hiram Brook formation, including 13 meters in the "B" sand and 9 meters in the "A" sand. The Nabors #4 drilling rig is being relocated to drill the D-57 well to penetrate the Hiram Brook formation at a location to the east of the A-67 discovery well (please see map below). The B-58 well encountered a significant flow of natural gas from the "B" sand while drilling underbalanced with nitrogen as the drilling fluid Noun 1. drilling fluid - a mixture of clays and chemicals and water; pumped down the drill pipe to lubricate and cool the drilling bit and to flush out the cuttings and to strengthen the sides of the hole drilling mud . The initial flow rate was substantially greater than the subsequently measured flow rate, potentially due to flush production from the fractured reservoir or possible formation of down-hole hydrates which may have impeded the subsequent gas flow. A steady flow rate of 1.3 million cubic feet per day was recorded at two separate time intervals four days apart during drilling operations. However, drilling problems made it necessary to kill the well with a heavy weight drilling fluid in order to complete the drilling to total depth. The Hiram Brook section of the well has been cased and the well has been suspended in preparation for a frac stimulation treatment expected to be conducted next year. B-58 was the first McCully well to penetrate the Hiram Brook formation on the north side of a major east/west trending fault in the northern part of the field. The thickness and porosity of the sands encountered at this location were less than encountered in wells to the south of the fault. However, the sands were highly fractured in three separate intervals with evidence for open fractures observedin cuttings and sidewall side·wall n. 1. A wall that forms the side of something. 2. A side surface of an automobile tire, between the edge of the tread and the wheel rim. Noun 1. cores, enhancing the permeability of parts of the reservoir section. Production testing of the wells that were fraced this year is continuing, including re-tests of the McCully D-48 and J-65 wells. Corridor expects to announce the results of these tests by the middle of December. A Map of the McCully Drilling program is available at the following address: http://www.ccnmatthews.com/docs/20051206-cdh1206.jpg Corridor is a junior oil and gas exploration and production company, headquartered in Halifax, Nova Scotia, with interests onshore in New Brunswick New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. , Prince Edward island Prince Edward Island, province (2001 pop. 135,294), 2,184 sq mi (5,657 sq km), E Canada, off N.B. and N.S. Geography One of the Maritime Provinces, Prince Edward Island lies in the Gulf of St. and Quebec, and offshore in the Gulf of St. Lawrence Noun 1. Gulf of St. Lawrence - an arm of the northwest Atlantic Ocean off the southeastern coast of Canada Gulf of Saint Lawrence Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east . "Statements in this Press Release may constitute forward-looking statements.Such forward-looking statements include risks, uncertainties and other factors which may cause actual results, performance or achievements of Corridor to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.Corridor does not undertake to update any of such forward-looking statements." The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has neither approved nor disapproved the information contained herein. Corridor Resources Inc. (TSX VENTURE:CDH) |
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