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PETROMIN COMPLETES WORKOVER AT FROG LAKE
 
PETROMIN COMPLETES WORKOVER AT FROG LAKE

Tuesday, 02 April 2013

Petromin Resources Ltd.  is pleased to announce that it has successfully completed the work over operations at its Frog Lake 7A and 7B wells in which the Company has 100% and 45% working interests respectively. 7A is currently being produced at approximately 40 b/d and 7B at approximately 70 b/d.

The Company is also reviewing farm out options to drill its fourth well location at Frog Lake.

Canada

Petromin’s core Canadian properties are strategically located in Central Alberta (Morningside, Redwater, Frog Lake and Gilby)

China

Petromin is believed to be the only Canadian junior public company listed on the TSX Venture Tier One Board (PTR.V) to have an interest in China’s Massive Coalbed Methane (“CBM”) / Shale Gas Production Sharing Contracts (“PSC”). Petromin’s interest is held through its current 22.28% ownership in Terrawest Energy Corp. (“TWE”). The PSC was acquired by TWE in December 2005 and after completing a coal study of all China, the Southern Jungar Basin in N.W. China’s Xinjiang Province was handpicked for the 653 square kilometer PSC. 

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