Alberta

By OGJ editors
HOUSTON, Nov. 2 – Curlew Lake Resources Inc., Langley, BC, plans to spud this week a new pool wildcat, the FBA 2-16-57-24 well, at its Fairydell-Bon Accord prospect 50 miles north of Edmonton, Alta.

The company is operator with 53% working interest before payout and 64% after payout. Drilling time is estimated at 1 week. Alberta crown royalties on new wells anddrilling credits on crown lands make such prospects attractive, the company said.

The multizone prospect includes the Devonian Nisku and Leduc formations as well as productive units in the overlying Mannville Group. Curlew Lake Resources holds 6,240 acres of freehold and crown rights in the area, between Redwater and Fairydell-Bon Accord oil fields.

The company has identified a number of drilling locations based on seismic and geological interpretation and developed an updated model for reef development in the Fairydell area.