Maxim Resources Inc.: Cooke Step-Out Well Spudded.VANCOUVER, British Columbia -- Maxim Resources Inc. ("Maxim") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:MXM MXM Media Xchange Manager (VCON Inc.) MXM Mobile PCI Express Module (NVIDIA) ) is pleased to announce that it has been notified by project operator Bayshore Energy ("Bayshore"), that the step-out well in the Cook Field has been spudded. Bayshore will conduct a 10 well program this year in the Cooke Field. The Cook No. 3 well continues to flow at 220 BOE providing Maxim cash flow of approximately $40,000 per month. Maxim has earned a 9.5% working interest in 8840 acres in the Cooke Ranch Prospect located in La Salle County, Texas La Salle County is a county located in the U.S. state of Texas. In 2000, its population was 5,866. Its county seat is Cotulla6. La Salle County is named for René Robert Cavelier, Sieur de La Salle, a 17th-century French explorer. Geography According to the U.S. . On behalf of the Board Arthur Brown, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Information provided herein contains forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Maxim at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Maxim that actual results achieved will be the same in whole or in part as those indicated in the 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 not reviewed and does not accept resp onsibility for the adequacy or accuracy of this release. Maxim Resources Inc. (TSX VENTURE:MXM) |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion