Mira oil and gas wells continue to increaseStockwatch News
Mira Properties Ltd MPI
Shares issued 3,650,373 Jul 19 2001 close $.360
Jul 23 2001 10:40:25
Mr. Craig Walker reports
Further to news in Stockwatch dated July 17, 2001, the following advancements have been made:
The Dachshund No. 2 well, previously producing oil, has now been brought on-line producing gas as of July 19, 2001.
The Dachshund No. 6 well has now been completed, tied in and brought on-line producing gas as of July 19, 2001.
The Dachshund No. 12 well reached total depth on July 16. The well was logged and production casing was set to total depth. Completion of the well will take place when a workover rig becomes available.
The Dachshund No. 9 has now been completed and brought on-line producing oil as of July 20, 2001.
A drill rig has been moved to the Dachshund No. 13 location and drilling will commence imminently. The Weido No. 1 well has now been cased and completion of the well will take place when a workover rig becomes available. Advancements on the Mitchell lease include the delivery of the power pole for electrification of the lease with tie-in of the Mitchell No. 1 well and Mitchell No. 2 well to follow. Additionally, one of the syndicate's drill contractors is preparing to drill the Mitchell No. 3 well.
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