Vulcan Minerals Inc.: More Oil at Flat Bay in Western 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.