Canadian Energy Exploration Inc. announces operational results at Hardy Area, Saskatchewan
Jul. 20, 2011 (Canada NewsWire Group) --
CALGARY, July 20, 2011 /CNW/ - Canadian Energy Exploration Inc. ("Canadian Energy" or the "Company") (TSX Venture - "XPL") is pleased to announce further to its announcement of the spud of the Well at CEEI Ceylon 2-18-5-20W2 (see press release dated July 7, 2011) (the "Well"), that it has finished drilling the Well to a total depth of approximately 1838 meters, and both cored and cased the Well. Further evaluations on the Well are planned. As previously press released, the Well will preserve all mineral rights contained in the 2,400 acre (3.75 section) lease to March 31, 2012 but is not considered an option well under the farmin agreement announced on October 21, 2010.
CEEI has also completed two evaluation operations in the Bakken formation by fracturing both Company wells at 5-27-4-21W2 and 5-17-5-21W2M, following which a service rig has been engaged to move onto both wells this week for further evaluations
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