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Gallic Energy Ltd V.GLC



TSXV:GLC - Post by User

Post by gunfighteron May 01, 2012 10:11am
1076 Views
Post# 19855999

Drilling Operations Update on Ossun-2D Well in Fra

Drilling Operations Update on Ossun-2D Well in Fra
Gallic Energy Ltd. Provides Operations Update on Ossun-2D Well in France
https://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0786500001&sourceType=1https://www.ccnmatthews.com/logos/20091014-gallic200.jpg

CALGARY, ALBERTA -- (Marketwire) -- 05/01/12 -- Gallic Energy Ltd. ("Gallic" or "Company") (TSX VENTURE:GLC) is pleased to provide an operational update on the Ossun-2D well located in the Aquitaine Basin in Southern France. Gallic is the 100% owner and operator of the Ossun-2D well.

The Ossun-2D well was successfully drilled to a total depth of 3,050 m as planned. Open hole well logs have been completed and the Company has now commenced operations to case the well. Two zones, the Upper Cretaceous Flysch Carbonate and the Dano Paleocene will be tested for hydrocarbons and results are expected within approximately 25 days.

Gallic is an international oil and gas company with assets in France and Australia. Current operations are focused on France and in particular the Aquitaine Basin where the Company holds approximately 320,000 net acres of exploration lands. The Company holds acreage in the prospective Canning Basin in Australia.

 

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