Diaz Commences Lloydminster Heavy Oil Development Program

Diaz Resources Ltd. (TSX:DZR) reports it has began drilling the Lloyd HZ 105/15-18-48-1W4 well.

The press release is quoted as saying,

This is the first of four horizontal Lloydminster heavy oil wells which Diaz plans to drill in the 3rd quarter of 2011.Diaz is also acquiring seismic over two other heavy oil projects in the general Lloydminster area. The seismic will be utilized to optimize future drilling.

For the complete press release, click here.