Business
Resilient Resources Ltd. update on drilling operations
Resilient Resources Ltd. update on drilling operations.
About this update from Sucro Limited
[{"type":"text","content":"\n\n\n\n\nCALGARY, Dec. 22 /CNW/ - Resilient Resources Ltd (\"Resilient\") (TSX:RRL)\nhas completed the evaluation of its second test well on the Blackfeet\nReservation in Montana, the well Moulton No. 4 failed to encounter oil or gas\nin the zones tested. The well logs indicated the potential for production in\nthe Mississippian Sun River dolomite, however the two zones evaluated\ndelivered formation water.\nThe Company will now review the information obtained from the two test\nwells and will consider its future exploration plans on the 100,000 acre block\non the Blackfeet Reserve.\n\nForward-Looking Statements Advisory\n\nThis news release contains forward-looking statements within the meaning\nof applicable securities laws. Forward-looking statements include estimates,\nplans, expectations, opinions, forecasts, projections, guidance or other\nstatements that are not statements of fact. Although Resilient believes that\nthe expectations reflected in such forward-looking statements are reasonable,\nundue reliance should not be placed on them because we can give no assurance\nthat such expectations will prove to have been correct. Factors that could\ncause actual results to differ materially from those set forward in the\nforward-looking statements include general economic, business and market\nconditions. Resilient's forward-looking statements are expressly qualified in\ntheir entirety by this cautionary statement. We undertake no obligation to\nupdate our forward-looking statements except as required by law.\n%SEDAR: 00002500E\n\n\n","length":1603,"tagName":"div"}]