Business
GPI Spuds Second Well in Wildmere and Purchases PNG Leases
Feb. 10, 2011 (Canada NewsWire Group) -- VANCOUVER, Feb. 10 /CNW/ - Great Pacific Internation...
About this update from Wescan Energy Corp.
[{"type":"text","content":"\n\n\n\n Feb. 10, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Feb. 10 /CNW/ - Great Pacific International Inc. ("GPI")\n (TSX.V: GPI) is pleased to announce that it has agreed to participate\n in a second well in Wildmere. Drilling of the first well has been\n completed and GPI will provide updates regarding perforation and\n subsequent tests as they are received. The operator, AMCO, spudded the\n second well on February 8, 2011. The target depth of the well is\n approximately 2,100 feet. GPI will have earned a 70% working interest\n upon completion of the well and payment of 100% of the costs.\n\n\nGPI is also pleased to announce that it has successfully purchased an\n additional 4.25 sections (2,720 acres) of Petroleum and Natural Gas\n leases in Northern Alberta where the company is directing its'\n exploration and development activities. The company has a 100% working\n interest in these properties with full PNG rights. Our total holdings\n have now increased to over 30,280 gross acres (over 28,780 net acres)\n in Alberta, Canada. The company plans to continue to pursue\n acquisitions, adding to its land base for further exploration and\n development.\n\n\nFor further information on GPI's Petroleum and Natural Gas Leases please\n see map available at http://www.gpicanada.net/operation.\n\n\nAbout Great Pacific International\n\n\nGreat Pacific International is a public company actively engaged in the\n exploration, and development of natural gas and ...