Corridor, Columbia Natural to drill New Brunswick wildcat

Corridor Resources Inc., Halifax, NS, and Columbia Natural Resources (Canada) Ltd., Calgary, said Monday they will drill a wildcat 7 miles northwest of Sackville, NB. The slimhole test well, TCH G-100, will spud this week.


CALGARY�Corridor Resources Inc., Halifax, NS, and Columbia Natural Resources (Canada) Ltd., Calgary, said Monday they will drill a wildcat 7 miles northwest of Sackville, NB.

The slimhole test well, TCH G-100, will spud this week. The well, which has a projected depth of 5,249 ft, is expected to reach total depth in mid-August. The well will evaluate the eastward extension of the Albert sand-shale sequence encountered at the old Stoney Creek field, 11 miles west of the test site.

Estimated cost of the well is $311,000 (Can.). Each company holds a 50% interest in the well.

Oil-in-place of 21 million bbl was found at Stoney Creek, but only 830,000 bbl were produced because of poor production techniques in use at the time. Stoney Creek also produced more than 28 bcf of natural gas over an 80-year period, which was sold into the Moncton, NB market.

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