Solimar Energy Updates on Testing at Paloma Deep Discovery
Investing News Network - March 29th, 2012
Solimar Energy Limited (TSXV:SXS) reported on its ongoing production testing at the Paloma Deep discovery, onshore California.
Solimar Energy Limited (TSXV:SXS) reported on its ongoing production testing at the Paloma Deep discovery, onshore California.
As quoted in the press release:
The latest testing operation is of the Lower Antelope Shale, which as with the deeper Fruitvale Shale is a member of the prolific Monterey Shale Formation. This Antelope Shale zone has produced oil and gas in the Paloma Deep ST/2 well during swabbing operations from an interval of naturally fractured interbedded chert, siliceous shale and sandstone.
Click here to read the Solimar Energy Limited (TSXV:SXS) press release. 