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Vulcan Minerals Inc.: More Oil at Flat Bay in Western Newfoundland
Nov. 11, 2011 02:20PM PST
Oil and Gas InvestingVulcan Minerals Inc. (TSXV:VUL) has completed drilling at the Flat Bay project in western part Newfoundland.
Vulcan Minerals Inc. (TSXV:VUL) has completed drilling at the Flat Bay project in western part Newfoundland.
As quoted in the press release:
The program has resulted in a significant expansion of the areal extent of the Flat Bay oil deposit. The original program proposed 5 holes for a total of 750 metres but the final program consisted of 6 holes for a cumulative total of 1673 metres. The target reservoir horizons of the Ship Cove Fm. and the Fischell’s Brook Fm. were oil bearing in 3 of the 6 holes.
Click here to read the Vulcan Minerals Inc. (TSXV:VUL) press release.Â
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