Cavvy Energy LtdTSX: CVVY

Haldimand Petroleum Drilling (Pea-3) is Underway

· Issued by Cavvy Energy Ltd
RIMOUSKI, Dec. 1 /CNW Telbec/ - Petrolia (PEA: TSX-V) proudly announces
the start-up of drilling operations in Haldimand-1 well (PEA-3) on the GaspDe
property. This well, 90% owned by Petrolia and 10% by Gastem (GMR: TSX-V), is
part of Petrolia's 14-well 2005/2006 drilling program on the Gaspe property.
The drilling operation endeavours to verify the petroleum potential of a new
exploration zone, 5 km from the Town of GaspDe, south of Sandy Beach Port.
Drilling here is in day 23, at a depth of 285 metres and an average daily
penetration of 12 metres. The aim is to verify the petroleum potential at
1,000 metres in a reservoir zone at the base of the Devonian sandstone unit.
The sandstone formations are roughly 1,000 metres thick in this sector,
conducive to the development of reservoir zones in the sedimentary sequence.
"On the GaspDe property, we are currently working on three petroleum wells
with two drills in operation. Drilling operations, such as those on two new
wells should be complete before the Christmas holidays. The potential for the
first well, (Ber-PEA-1, 100% Petrolia) is sufficiently promising to proceed
with fracturing the target zone at 400 metres. As to the second drilling
program, Wakeham-1 (PEA-2), also owned exclusively by Petrolia, the target is
situated at roughly 700 m and the current depth is 425 metres. According to
wellsite management, oil is present in the water reservoirs, which fuels
optimism about our chances of success," declared AndrDe Proulx, Company
President.

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