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Corridor Updates Drilling Activities on Anticosti Island.


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. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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 it has temporarily suspended drilling operations at the Chaloupe #1 well after the well encountered a flow of salt water just below the shoe of the 7" intermediate casing string. Following unsuccessful attempts at shutting off the water influx with successive cement squeezes, Corridor plans to run and cement a 4-1/2" casing liner to seal off the water zone before penetrating the oil-prospective Black River formation.

While awaiting delivery of the Chaloupe casing liner, the rig has been moved to the MacDonald well location and has commenced drilling operations at that site. Following completion of drilling and evaluation operations at MacDonald, expected to be about the third week of August, the rig will be moved back to the Chaloupe location to run the casing liner and to drill and evaluate the Black River target formation.

Corridor holds a 75% interest in the Chaloupe well and a 50% interest in the MacDonald well, with Hydro-Quebec holding the balance of the interest in these wells.

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 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)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Jul 29, 2005
Words:287
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