Vanadian Energy Corp V.VEC.H

Strachan well is a bust!

[hawkowl]

Rosetta Exploration Inc - News Release Rosetta drills Strachan test well Rosetta Exploration Inc RSA Shares issued 35,731,202 Nov 20 2002 close $ 1.05 Thursday November 21 2002 News Release Mr. Christian Brown reports ROSETTA EXPLORATION INC. DRILLING UPDATE Rosetta Exploration advises that the RSA et al. Strachan 5-17-38-9w5m exploratory test well has been drilled to a total depth of 4,375 metres. The well encountered 23.6 metres of highly porous Devonian Swan Hills formation dolostone, however the zone, which was the primary target, is wet. As part of its continuing exploration program, Rosetta advises that drilling operations have commenced on RSA BelAir et al. Strachan 1-21-38-9w5m to test dual objectives in the Cretaceous and Mississippian formations. The forecasted total depth of this well is approximately 3,300 metres. The Strachan area is approximately 20 kilometres northwest of Caroline and the well site is in close proximity to pipeline infrastructure, and is within seven kilometres of the Strachan sour gas processing plant. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2002 Canjex Publishing Ltd. https://www.stockwatch.com old url (better for printing)