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LOUMIC RESOURCES LTD. REPORTS CASING TO BE RUN IN WELL

 LOUMIC RESOURCES LTD. REPORTS CASING TO BE RUN IN WELL
 VANCOUVER, British Columbia, July 27 /PRNewswire/ -- Loumic Resources Ltd. reports that 5 1/2-inch production casing will be run from a total depth of 15,700 feet to surface in the Towsley No. 1 wildcat well drilled on the Pico Anticline, Los Angeles County, Calif.
 It is anticipated the casing will be run in the well and cemented in place later this week.
 The completion procedure will be planned over the next few weeks in consultation with the project operator and other participants in the well. During that time a permit to flare gas will be acquired. Completion activities are expected to commence approximately Aug. 15, 1992.
 -0- 07/27/92
 /CONTACT: Harry Z. Bristman, corporate secretary of Loumic Resources, 604-922-8623/
 (LOO.) CO: Loumic Resources Limited ST: British Columbia IN: OIL SU:


CH -- LA014 -- 3481 07/27/92 11:34 EDT
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Publication:PR Newswire
Date:Jul 27, 1992
Words:151
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