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Petromin Participates in the Completion of Opening a New Zone at Gilby
Petromin Participates in the Completion of Opening a New Zone at Gilby

Monday, 05 October 2015

Petromin Resources Ltd is pleased to announce that it has elected to participate in the completion of the MIDDLE ELLERSIE ZONE in the 11-35-39-28W4M well located in  the Joffre  field.

Upon completion, the well will be placed on production through the existing surface equipment and gas gathering and plant system. Petromin retains a 16.667% working interest in the section including an adjacent gas and oil well in LSD1-35-39-28W4M.

Vesta Energy Ltd. will operate the well. The Company also retains a 16.667% working interest in the Duvernay Rights on the section in the center of the east basin Duvernay Play. The Duvernay in general is considered to be a world class emerging play with reserve estimates by the former Energy Resources Conservation Board to contain 443 trillion cubic feet of gas and 61.7 billion barrels of oil. 

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