Newfoundland: Old Harry description filed

Feb. 23, 2011
Corridor Resources Inc. filed a project description for the drilling of an exploratory well on the Old Harry prospect in the Laurentian Channel, starting the official regulatory process to obtain approvals to drill the offshore well between mid-2012 and early 2014.

By OGJ editors
HOUSTON, Feb. 23
– Corridor Resources Inc. filed a project description for the drilling of an exploratory well on the Old Harry prospect in the Laurentian Channel, starting the official regulatory process to obtain approvals to drill the offshore well between mid-2012 and early 2014.

The surface location is in 1,400 ft of water in the Gulf of St. Lawrence off Newfoundland on Exploration License 1105, and the prospect lies beneath Newfoundland and Quebec waters. The filing is in the hands of the Canada-Newfoundland and Labrador Offshore Petroleum Board.

Measuring 30 km long and 12 km wide, Old Harry is one of the largest undrilled geological structures in eastern Canada and has large hydrocarbon potential.

Corridor previously completed an extensive work program to identify the proposed well location on the western side of EL 1105, which included the collection and interpretation of 2D seismic data in 1998 and 2002 and a geohazard site survey in October 2010 (OGJ Online, Oct. 1, 2010). Only 10 offshore wells have been drilled in the gulf.