Primary Petroleum Increases Land Holdings

Resource Investing News

Primary Petroleum Corporation (CVE:PIE) reports increasing its land holdings to its Western Montana Alberta Basin Bakken Fairway. Primary’s ongoing geological review of its proprietary 26 sq. miles of 3D seismic that was shot in 2008 over its lands in Western Montana, along with the data that continues to be collected from the 18 existing wells […]

Primary Petroleum Corporation (TSXV:PIE) reports increasing its land holdings to its Western Montana Alberta Basin Bakken Fairway.

Primary’s ongoing geological review of its proprietary 26 sq. miles of 3D seismic that was shot in 2008 over its lands in Western Montana, along with the data that continues to be collected from the 18 existing wells that have penetrated the Bakken formation in the past, has enabled Primary at this time to identify up to 12 potential drilling locations to initially evaluate the multi-zone formations that currently have been identified as possible oil bearing, including the Lodgepole, Bakken, Three Forks and Nisku, with the Sunburst and Madison for shallower oil bearing formations.

For complete news release, click here.

For Primary Petroleum’s company profile, click here.

The Conversation (1)
Ian Carter
Ian Carter
18 Jul, 2011
Silver is in limited supply, only about 1.5 bn ounces compared to Gold with 5 - 6 bn. So Silver is rarer and so maybe worth MORE than Gold?
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