Corridor Resources starts up McCully gas production

Corridor Resources Inc., Halifax, NS, has begun natural gas production from the first two wells in McCully field near Sussex, NB. About 2.3 MMcfd of the gas is being processed for delivery to a Potash Corp. of Saskatchewan mill 2 km from the field.

April 24, 2003

By OGJ editors

HOUSTON, Apr. 24 -- Corridor Resources Inc., Halifax, NS, has begun natural gas production from the first two wells in McCully field near Sussex, NB. About 2.3 MMcfd of the gas is being processed for delivery to a Potash Corp. of Saskatchewan mill 2 km from the field.

The A-67 and P-66 wells, both in the Mississippian Albert formation, have combined reserves of 11 bcf. Corridor and Potash Corp. share a 50:50 ownership of gas production from the two wells.

Other potential farm-in partners are conducting talks that could lead to additional gas sales, more drilling, and a pipeline connection to the Maritimes & Northeast gas pipeline 45 km north of the field (OGJ, Jan. 20, 2003, p. 26).