Boundary Bay Resources, Inc. announce the re-work program at the Chevron Fee # 3 Well
2008年5月30日 - 9:00PM
PRニュース・ワイアー (英語)
LAS VEGAS, May 30 /PRNewswire-FirstCall/ -- Boundary Bay Resources,
Inc. (the "Company") is pleased to announce that the re-work
program at the Chevron Fee # 3 Well (the "Well") located in Marion
County, Oklahoma, being conducted by OilTec LP ("OTL"), is now
underway. All tubing arrived on site last week, and the Well is now
completely electrified. The work-over rig is on route and is
anticipated to be on the well the first week of June, enabling the
well to be on-line shortly thereafter. The rework program being
conducted by OTL shall include equipping well sites, electrifying
the lease, installation and laying of water and production lines on
the lease and deepening wells to alternative zones for the
enhancement of the lease production or the disposal or injection of
water. The Well was previously producing to a depth of 6400 feet,
and also includes alternative production zones. The Company is very
encouraged about this current re-work program, which also includes
potential wells in the surrounding areas. About Boundary Bay
Resources, Inc. http://www.boundarybayresources.com/. Boundary Bay
Resources is a dedicated to building a competitive oil and gas
company that is cash flow positive. The Company intends to acquire
working interests in established oil and gas production companies
(Public or Private). Funds generated from this domestic production
will be used to acquire premium oil and gas properties with both
proven reserves and upside exploration potential. The company
understands how exploration or "blue sky" opportunities can
significantly increase the value of any company (especially when a
deposit is found). Therefore, once/if some solid acquisitions are
completed, our aim is to begin looking for potential oil and gas
properties. On Behalf of the Board of Directors, Lee Borschowa
President Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: This news release contains
forward-looking information within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including statements
that include the words "believes," "expects," "anticipate," or
similar expressions. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of the company to
differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's
past success, either financial or strategic, is no guarantee of
future success. This news release speaks as of the date first set
forth above and the company assumes no responsibility to update the
information included herein for events occurring after the date
hereof. CONTACT: 250media - Investor Relations, 1-888-472-1960,
DATASOURCE: Boundary Bay Resources Inc. CONTACT: 250media -
Investor Relations, 1-888-472-1960,
Copyright