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Super Nova Petroleum Corp. (CSE:SNP) reported that JV partner BNV Energy Company LLC, intends to drill 3,200 feet vertical depth on 18N-5W Section 14 of the Milford Colony Lease. Drilling is expected to being on September 5th, pending schedule of the drilling rig.
As quoted in the press release:
Drill location is 1005 from North Line, 1163 from East Line, targeting a seismic anomaly that consultants working for BNV say is consistent with natural gas and is of a depth consistent with the Eagle Formation. The same anomaly appears on both 2D seismic lines acquired by BNV across the Milford Colony Lease. The decision to drill is also based on the N.I. 51-101 report on the property authored for the Company by Chapman Engineering earlier this year. The drilling of the well is currently expected to commence on September 5th, 2014, pending the drilling rig schedule.
Click here to read the Super Nova Petroleum Corp. (CSE:SNP) press release
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