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Corridor Updates Current Activities.


HALIFAX, Nova Scotia For other uses, see Halifax.
Halifax, Nova Scotia may refer to any of the following:
  • Halifax Regional Municipality, capital of Nova Scotia, Canada
 -- Corridor Resources Inc. (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
 - TSX-V) today reported an update of its activities on 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.
, on Anticosti Island and at the McCully gas field in New Brunswick. On Prince Edward Island, Corridor has acquired two new exploration permits covering a total area of 264,129 acres in the west central part of the Island. The permits cover a number of natural gas prospects, including the gas-bearing Green Gables structure. The permits are valid for a period of six years.

On Anticosti Island, Corridor is abandoning the re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had.
     2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the
 of the Chaloupe well after encountering a flow of salt water following drilling out the abandonment plugs above the Trenton-Black River (TBR TBR Tennessee Board of Regents
TBR Technology Business Research
TBR To Be Read
TBR Travel Business Roundtable
TBR To Be Resolved
TBR To Be Reviewed
TBR Technical Basis for Regulation
TBR To Be Recorded
TBR Total Business Return
TBR To Be Revised
) formation. The high pressure and salinity of the salt water indicate that it is sourced from the underlying Romaine formation, known to be fractured and water bearing in the Chaloupe well. The fact that the salt water from the Romaine is apparently in wellbore communication with the lower pressured TBR formation has negated the prospect of testing the TBR for oil at this location. The TBR formation remains prospective for oil at other well locations on the Chaloupe structure and at other prospects on Anticosti Island.

Corridor is in discussions with candidates to provide contractor services for the drilling and completion of future wells at the McCully gas field. The Company is also in discussions with potential parties who may farm in and/or finance Corridor's interests at McCully during the next stage of drilling and completion activities. Pending satisfactorily concluding these discussions, Corridor expects to commence a five-well exploration and development drilling program this fall aimed at developing sufficient natural gas production capacity to initiate a pipeline lateral connection to the main Maritimes & Northeast Pipeline located 30 miles north of the McCully field.

Corridor is a junior oil and gas exploration and production company, headquartered in Halifax, Nova Scotia, with interests onshore in New Brunswick, Prince Edward Island 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."
Corridor Resources Inc.

#301, 5475 Spring Garden Road
Halifax, Nova Scotia
B3J 3T2



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 TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:CDH)
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1CANA
Date:Aug 25, 2004
Words:421
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