Michigan basin reefs draw focus of Ontario exploration

09/27/1999
Silurian pinnacle reefs will be the focus of at least two exploration programs on the Canadian side of the southeastern Michigan basin.The programs will involve 3D seismic surveys and exploratory drilling. The reefs are prospective initially for oil and gas production, and some could be used later for underground gas storage.One operator, Range Petroleum Corp., Calgary, completed two reef wildcats as oil discoveries in late 1998 and early 1999 before entering into the two exploration programs described here.Exploration programsManti Resources Inc., Corpus Christi, will spend as much as $7.25 million to earn 50% working interest in most of Range's southwestern Ontario land position.Ran...
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