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    Cougar Oil and Gas Canada Inc. Announces Operations Update and Amalgamation With Cougar Energy, Inc.

    Investing News Network
    Jan. 03, 2011 03:00PM PST
    Oil and Gas Investing

    Cougar Oil and Gas Canada Inc. (OTC:COUGF) updates on Trout core area multi-well drilling program and 3D seismic program and an additional two well deepening operation.

    Cougar Oil and Gas Canada Inc. (OTC:COUGF) updates on Trout core area multi-well drilling program and 3D seismic program and an additional two well deepening operation.

    The press release is quoted as saying:

    The previously announced 23.8Km2 high resolution 3D seismic program has now been advanced by 2 weeks. It is anticipated the field work will begin no later than January 15, 2011. The initial field work will include the source and receiver line clearing and surveying and will be followed by the seismic shot hole drilling and data recording crews. The seismic program is expected to take approximately 25 days in the field and 90 days for processing and data analysis afterwards. This seismic data will provide the Corporation with the detailed geophysical information needed to support the geological selection of the drilling programs which will be executed over the next 18 to 24 months.

    Click here to access the entire press release

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