Softrock Petroleums negotiates farm-out option in South Turkey.CALGARY, Alberta--(BUSINESS WIRE)--Jan. 25, 1996--SOFTROCK PETROLEUMS (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : STZ STZ Steinbeis-Transferzentrum STZ Streptozotocin ) Softrock Petroleums announces that along with Cariad Exploration and Epic Resources of Vancouver that they have negotiated a farm-out option to Aladdin Middle East Ltd. on their 123,680 ac Permit #3217 in South Turkey near the Syrian border. Softrock has a ten percent working interest, Epic is operator. Aladdin intends to reopen the Seyda - 101A 7300 meter test abandoned on the permit in 1982 to test an untested Triassic dolomite dolomite (dō`ləmīt', dŏl`ə–). 1 Mineral, calcium magnesium carbonate, CaMg (CO3)2. and a number of Palaeozoic sandstones, some of these produced in a recent Turkish Petroleum discovery (Yanankoy) 45 miles to the west. Depending on the option, Softrock will be carried for a working interest percentage of between one and three percent. Aladdin, which has eight drilling rigs in Turkey and over 200 employees, expects to reopen the well after further surveys this summer. -0- EDITOR'S NOTE Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : The Alberta Stock Exchange has neither approved or disapproved of the information contained herein. CONTACT: Softrock Petroleums Ltd. Nick Taylor Nick Taylor (born 24 September 1971, in Oldham, United Kingdom) is a professional squash player and squash coach from England. Taylor reached a career-high world ranking of World No. 14 in 2001. He was runner-up at the 2001 British National Squash Championships. , 403/942-3710 Keith McLean, 403/266-2602 |
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