Business
Blackpool options lands at Hamelin Creek
Blackpool options lands at Hamelin Creek.
About this update from Wescan Energy Corp.
[{"type":"text","content":"\n\n\n\n\nCALGARY, Feb. 14 /CNW/ - Blackpool Exploration Ltd. (BPX.A: TSX Venture\nExchange) has reached an agreement to evaluate it's 100% owned 2 section\nproperty in the Hamelin Creek area of northwestern Alberta. Under the terms of\nthe agreement, an optionee will shoot or acquire 12 kilometers of 2\ndimensional seismic data, then make election to drill a Cretaceous test well,\nto be spudded on or before June 1st, 2006, at a location of the optionee's\nchoice on the lands. By drilling the test well, the optionee will earn a\nworking interest of 60% in the test well and the test well spacing unit and a\n50% working interest in the balance of the lands. An analog well to this\nprospect drilled at 5-19-81-4 W6M yielded up to 1.383 million cubic feet per\nday from Cretaceous age strata during the first six months of production with\na total cumulative lifetime gas volume of 4.040 billion cubic feet.\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this release.\n\n\n\n","length":1079,"tagName":"div"}]