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Area Drilling

04/02/2001
Northern IrelandEvergreen Resources Inc., Denver, agreed to exchange nearly 25,000 shares of its restricted stock for a 100% interest in 605,000 acres of prospective tight gas sand properties in the Northwest Carboniferous basin of Northern Ireland.Sellers are Priority Oil & Gas LLC and S. Morrice & Associates Ltd., both of Denver.Evergreen will start a $2.5 million work commitment in June, drilling four exploratory wells within 1 year. Evergreen has identified seven drillsites for permitting and other locations for exploratory and delineation drilling.The locations were determined by using data from previously drilled wells, subsurface and surface mapping, and existing of seismic data.Po...
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