Printer Friendly
The Free Library
21,420,022 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Eden Energy Corp. Announces Drilling Halted at Chinchaga Project, Alberta.

VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Eden Energy Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:EDNE) Operations at the Chinchaga farm-in with Suncor Energy Inc. of Calgary Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta have been halted after setting and cementing surface casing at a depth of 410 meters. Drilling was terminated in consideration of weather and general access conditions. This decision was made following the determination that the time anticipated to finish drilling, evaluating and casing the well would put the program into spring break up conditions. The risk to safety in proceeding with operations during break up conditions is too great to proceed beyond this point. The resumption RESUMPTION. To reassume; to promise again; as, the resumption of payment of specie by the banks is general. It also signifies to take things back; as the government has resumed the possession of all the lands which have not been paid for according to the requisitions of the law, and the  of drilling is planned for freeze-up during the 2006/2007 winter drilling season.

Notice Regarding Forward Looking Statements

This news release contains "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.
", as that term is defined in Section 27A of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the resumption of drilling is planned for freeze-up during the 2006/2007 winter drilling season.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with oil and gas exploration; changes in reserve estimates if any; the potential productivity of our properties; our ability to fund exploration and development, environmental agency requirements, our ability to hire and retain equipment, labor or contractors, changes in the operating costs operating costs nplgastos mpl operacionales  and changes in economic conditions and conditions in oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2004 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Eden Energy Corp.

Regarding the company and its projects, please contact Eden Energy Corp. at 1-866-693-1100 or email: info@edenenergycorp.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Mar 17, 2006
Words:417
Previous Article:A.M. Best Statistical Study: U.S. Banking Industry Credit Card Charge-Offs Spiked in the Fourth Quarter of 2005.
Next Article:Inland Real Estate Corporation Pays Dividend to Common Stockholders.
Topics:



Related Articles
Eden Energy Corp. Provides Operational Update and Announces Entry into Chinchaga Project, Alberta.
Eden Energy Benchmark Coverage To Be Continued By Investrend Research Analyst Daniel Capo, CFA.
Texola Energy Provides Update on Chinchaga Prospect in Northern Alberta.
Texola Energy Provides Update on Chinchaga Prospect in Northern Alberta.
Drilling to Commence on Texola Energy's Chinchaga Prospect in Northern Alberta.
Proposed Spud Date Confirmed on Texola Energy's Chinchaga Well #1, Alberta, Canada.
Eden Energy Corp. Announces Results of Chinchaga Well.
Eden Energy Announces Participation in Second Chinchaga Well.
Eden Energy Announces Results in Second Chinchaga Well.
Eden Energy Announces Joint Venture and Drilling Commitment at Noah Prospect.

Terms of use | Copyright © 2013 Farlex, Inc. | Feedback | For webmasters | Submit articles