Blue Water Petroleum Corp. : Blue Water Petroleum Corp. Begins Drilling Production Well, Receives Water Production Permit.
(Thomson Reuters ONE) -
Centennial, Colorado -- August 9, 2013 -- Blue Water Petroleum Corp. (the
"Company", "we", "us" or "our") announced that the Company began drilling
operations on the # 31122 production well on August 7(th) in Big Horn County,
Montana. Currently, the drilling crew is cementing surface casing in the well at
a depth of 84 feet. The # 31122 well is the 4(th) well to be drilled in the
initial 5 well production unit, where steam is planned to be injected in a
central well to drive oil to four surrounding production wells.
The Company has also received a Water Production Permit on the # 11-22 Tribal
water well allowing for production of 4 million barrels of water over a 5 year
period. The water will allow for production of steam necessary for the Blue
Water Project to produce oil.
Blue Water Petroleum Corp.
Contact: Ellis Martin
6025 S. Quebec, Suite 100
Centennial, Colorado 80111
Email: ir(at)bwpet.com
Telephone: 1-888-498-8880
About Blue Water Petroleum Corp.
Blue Water Petroleum Corp. is an oil and gas company that has an agreement to
develop shallow oil resources on up to 12,979 leased acres in southeastern
Montana. For further information please contact Ellis Martin at 1-888-498-8880.
This press release contains forward-looking statements about the Company and its
business, plans, expectations and intentions. Forward looking statements are
statements that are not historical facts and include, but are not limited to,
statements about the Company's drill plans, expected results and future success.
The forward-looking statements in this press release are subject to various
risks, uncertainties and other factors that could cause the Company's actual
results or achievements to differ materially from those expressed in or implied
by forward looking statements. These risks, uncertainties and other factors are
identified in the Company's filings with the United States Securities and
Exchange Commission.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Blue Water Petroleum Corp. via Thomson Reuters ONE
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Datum: 09.08.2013 - 17:34 Uhr
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