Alberta Well AbandonedMr. Neal Mednick reports
PETROWORTH REPORTS ON EXPLORATION WELL IN ALBERTA
Petroworth Resources Inc. has finished drilling an exploration well to atotal depth of 967 metres in the Chin Coulee area of Southern Alberta. Althoughthe well did encounter reservoir quality sands in the targeted Sawtoothformation, these sands did not contain commercial quantities of hydrocarbons. Asa result, the well has been plugged and abandoned. Petroworth and its partnerswill continue to evaluate exploration opportunities on their Alberta lands.
In the meantime, Petroworth will focus on drilling an oil exploration well onits Lake Ainslie block property in Cape Breton, N.S., within the first half of2012.
We seek Safe Harbor.