Anglo Canadian Oil Corp. Spuds Well and Provides Operations Update

Anglo Canadian Oil Corp. (TSX VENTURE:ACG) has spudded its first well, Anglo Hz Shane 7-11, of its planned four well summer drilling and evaluation program.

The press release is quoted as saying:

The Shane 7-11 well will be cored, logged and hydrocarbon potential evaluated to determine the suitability of a horizontal multi-stage frac in the Nordegg Member oil shale. Drilling is expected to be completed within 16 days. The completion and production testing of the well is expected to take an additional 2 weeks pending the outcome of the drilling evaluation.

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