Little Mountain Resources: Turner Valley Recompletion Program Update.VANCOUVER, British Columbia -- Little Mountain Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:LIT) The Company has received the following correspondence from the Operator of the Turner Valley project, Win Energy Corporation: "Win Energy and JV partners recently drilled and completed a new gas well on the Turner Valley property located approximately 60 kilometers southwest of Calgary, Alberta. Plans are underway to carry out an AOF AOF Academy Of Finance (New York State Department of Education) AOF Afrique Occidentale Française (French) AOF Avon Old Farms (Avon, CT school) production testing program after recovering dense drilling fluids from the invaded gas pay zones that were required under EUB EUB Energy and Utilities Board (Alberta, Canada) EUB EU–Büro (Bundesministerium für Bildung und Forschung; German ministry of Science) EUB Electric Upright Bass EUB European Union Bank EUB Essential User Bypass regulation to prevent potential blowouts at the well site which is located close to several residents and although the gas being tested is sweet gas with no toxic H2S H2S Hydrogen Sulfide H2S How to Succeed in Business Without Really Trying (Also abbreviated H2$) H2S Heart to Soul (song) , all gas flows will be incinerated instead of flaring into the atmosphere. It is anticipated final test results will be available by the end of March, 2005. Based on independent engineering appraisals and seismic review, step-out drilling plans will be proposed on the option lands." The Company has a 26.0 % WI in the project. The Company also has the right to participate in drilling wells on 7 additional sections currently under option from Purcell Energy Inc. With its holdings in 6-31-20-3W5M and section 3-20-3W5 where it owns a 7.0 % net interest the total land lease package is now 9 sections or approximately 2.304 hectares of leases. For more detailed Information regarding this lease and Company holdings and reports pertaining to Turner Valley please see the news release of August 9, 2004 which is available on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review .COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. . or the Company's web site at WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. .littlemountain.ca. Further progress reports of drilling and results will be issued when available from the operator of the program ON BEHALF OF THE BOARD OF DIRECTORS (Signed) Robert A. Sim Robert A. Sim- Director This press release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of failure to complete the proposed financing, failure to obtain necessary regulatory or shareholder approvals, exploration and other risk factors beyond its control and actual results may differ materially from the expected results. Shares Issued: 24,865,426 The TSXVenture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. LITTLE MOUNTAIN RESOURCES LTD. (TSX VENTURE:LIT) (BERLIN:LMQ LMQ Lloyd-Max Quantization ) (FRANKFURT:LMQ) |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion