Petrolympic Announces Spudding of Joint Venture’s First Well in the St. Lawrence Lowlands

July 17, 2009 Filed Under: Mining Investment, Mining Stocks  
Petrolympic Announces Spudding of Joint Venture's First Well in the St. Lawrence Lowlands

Petrolympic Ltd. announced that its joint venture partner and operator Canbriam Energy Inc. spud the Canbriam Farnham No 1 well in the St. Lawrence Lowlands on July 9, 2009. The expected total depth to be reached down to the Top of the Trenton Formation is 2567 meters (TVD). This is the first well of a series to spud under the previously announced joint venture arrangement. “This stage of our...