20162015201420132012201120102009Archives
Petromin Announces Update on Frog Lake and Morningside
Petromin Announces Update on Frog Lake and Morningside

Monday, 04 March 2013

Vancouver March 4th, 2013 - Petromin Resources Ltd.   (PTR.V) is pleased to announce that it has commenced work over operations at its' Frog Lake 7A and 7B wells in which the Company has 100% and 45% working interests (WI)respectively and anticipates production to resume shortly.

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

Morningside

Petromin has also completed the economic study requested by the Energy Resources and Conservation Board (ERCB) of the excess gas that was being flared during the production testing of its' Morningside oil well.

Petromin now has approval to resume production testing by committing to tie into the pipeline the excess gas that was being flared and the Company has thus begun proceedings to tie into the existing low pressure pipeline that exists on the surface lease.

Production testing of the Morningside oil well is expected to resume shortly.

The Company retains a gross overriding royalty before payout convertible to a 25% WI after payout and retains a 50% WI in the undrilled acreage.

Subscribe to stay up-to-date on Petromin's latest announcements and official news releases.

name:

email:

profile:

Investor

Investment broker

Analyst

Media

Other

TWE 2009 Liuhuanggou CBM Program

Learn more >

Reaching an Agreement With CUCBM

Learn more >
2008 Petromin Resources Ltd. All rights reserved. | tsx.v : PTR
contact us|disclaimer