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    Sunridge Energy Receives Drilling License for North Central Oil Prospect

    Investing News Network
    Mar. 02, 2012 06:02PM PST
    Resource Investing

    Sunridge Energy Corp. (TSXV:SRG) has received the drilling license for the North Central oil prospect.

    Sunridge Energy Corp. (TSXV:SRG) has received the drilling license for the North Central oil prospect.

    As quoted in the press release:

    Results of the core analysis combined with the planned 3-D seismic program will determine the viability of potential horizontal drilling to further exploit the target reservoir. Horizontal drilling would dramatically increase the recovery and the potential daily production rate, as well as reduce the impact of surface operations.

    Click here to read the Sunridge Energy Corp. (TSXV:SRG) press release.

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