OTCPK:ATGYF - Post by User
Post by
vingoneon Jul 24, 2007 11:37pm
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Post# 13145483
antrim give us the results as per your pr
antrim give us the results as per your prANTRIM ENERGY BEGINS DRILLING SECOND EXPLORATION WELL ON MEDIANERA LICENCE IN ARGENTINA
CALGARY, ALBERTA (TSX: AEN) – LONDON, UK (AIM: AEY) June 13, 2007
Antrim Energy Inc. (“Antrim”), an international oil and gas exploration and production company, today announced that drilling has commenced on the second of two exploration wells on its Medianera licence in the Rio Negro Province in central Argentina. Antrim holds a 70% working interest in the Medianera licence.
Based on 3D seismic acquired in 2006, the second well M3001 targets a Cretaceous sequence at a depth of 1,400 metres. The well, which is located 2km west of the first well (M3002), is expected to take approximately 14 days to drill.
The first exploration well (M3002) has been drilled to target depth and cased in preparation for testing with results expected in early July.