Prince Edward Island exploration planned

Ardent Resources Canada Ltd., private Pittsburgh operator, will drill two exploration wells on Canada's Prince Edward Island under an agreement with PetroWorth Resources Inc., Calgary.

May 21, 2009

By OGJ editors
HOUSTON, May 21 -- Ardent Resources Canada Ltd., private Pittsburgh operator, will drill two exploration wells on Canada's Prince Edward Island under an agreement with PetroWorth Resources Inc., Calgary.

By drilling two wells on the eastern part of the island, Ardent Canada will earn a 50% interest in six permits that cover 444,000 acres. The first well is to be drilled by yearend, and the second is due within 6 months after completion of the first.

Ardent, owned by Christopher Robinson and David Copley, operates in Pennsylvania, New York, West Virginia, and Ohio and holds interests in more than 300 wells. The principals also have a good grasp of the geology of the Maritimes basin and its many similarities to that of the Appalachian basin.

PetroWorth shot 304 line-km 2D and 108 sq km of 3D seismic on the lands. In recent months, some of this data underwent a new leading-edge method of interpretation that resulted in the identification of a potentially large natural gas anomaly on one of the PetroWorth licenses.