Business
Midland Basin prospect area test well spudded
LADNER, B.C., Sept. 10 /CNW/ - Great Pacific International Inc. (the "Company") is pleased to ann...
About this update from Wescan Energy Corp.
[{"type":"text","content":"\n\n\n\nLADNER, B.C., Sept. 10 /CNW/ - Great Pacific International Inc. (the\n"Company") is pleased to announce that, further to our press release dated\nAugust 26, 2008 (available on www.Sedar.com), drilling of the initial test\nwell on our Midland Basin prospect area has commenced. This well will test one\nof five to seven Strawn-formation targets indicated on 3-D seismic within this\nprospect area.\n\n\nGPI Petroleum Inc., a wholly-owned subsidiary of Great Pacific\nInternational Inc., holds the participation rights to this prospect area.\nThese prospect area rights consist of non-operated participation rights to a\n13% working interest (9.75% net revenue interest) in certain leaseholds within\nan approximately 8.25 square mile (gross) prospect area in Scurry County,\nTexas.\n\n\nOn behalf of the Board,\n\n"Thal S. Poonian"\nThal S. Poonian, President\n\nThe TSX Venture Exchange has in no way passed upon the merits of these\ntransactions, and has neither approved nor disapproved the contents of\nthis press release.\n\n\nCertain statements in this press release constitute "forward-looking\nstatements" which involve known and unknown risks, uncertainties, and other\nfactors that may cause actual results to be materially different from any\nfuture results, performance, outcomes, or achievements expressed or implied by\nsuch statements. Words such as "expects", "anticipates", "intends", "plans",\n"will", "believes", "seeks", "estimates", "should", "may", "could" and\nvariations of such words and similar expressions are intended to identify such\nforward-looking statements. These statements are based on management's current\nexpectations, beliefs and plans, and actual events or results may differ\nmaterially. Forward-looking statements are based on current expectations, and\nthe Company assumes no obligation to update such information to reflect later\nevents or developments, except as required by law.\n\n\n","length":2138,"tagName":"div"}]