Exploratory drilling planned in northwestern Bahamas

Liberty Oil, an affiliate of Bahamas Oil Ltd., plans to conduct exploratory drilling northwest of Walker's Cay in the northwesternmost Bahamas to test for oil and gas.

July 20, 2004

By OGJ editors
HOUSTON, July 20 -- Liberty Oil, an affiliate of Bahamas Oil Ltd., plans to conduct exploratory drilling northwest of Walker's Cay in the northwesternmost Bahamas to test for oil and gas.

The area, in the Atlantic 100 miles east of Port St. Lucie, Fla., is believed to have Cretaceous and Jurassic objectives.

Operations are to be conducted using the Autumn Trader jack-up, a lift boat, and barge owned by Bahamas Oil.