RE: No value"Two wells with water issues"
CALGARY, ALBERTA, Jan 20, 2011 (Marketwire via COMTEX News Network) --
Diaz Resources Ltd. (TSX:DZR) announces today that it has received approval from the ERCB to commence injection of produced water into the 104/12-18-48-1W4 water disposal well, which Diaz drilled during the fall of 2010. As a result, Diaz has reactivated two of the Lloydminster heavy oil wells that were shut in due to high water cuts and has started to inject all of Diaz's produced water, at the Lloydminster field, into the 104/12-18-48-1 W4 well.