Tuscany Announces New Heavy Oil Pool Discovery

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 11/30/15 -- Tuscany Energy Ltd. (TSX VENTURE: TUS) is pleased to announce that it has drilled and cased a new Dina heavy oil pool discovery at Winter, Saskatchewan.

The Tuscany Winter HZ 91/5-36-42-25W3 encountered 713 metres of porous oil saturated sand in the Dina zone. Tuscany plans to have the well on production within a week.

Tuscany also has current plans to shoot seismic over its Sparky play at Macklin, Saskatchewan, to help define the potential upside of this prospect.

Tuscany has undertaken these expenditures at this time to meet the obligations of a flow-through share issue, completed in December 2014.

ADVISORY:

Forward looking statements: This news release contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, without limitation, this news release contains forward-looking statements pertaining to the Company's plans to put the Winter well on production and to shoot seismic at Macklin, reasonable, undue reliance should not be placed on forward-looking statements because Tuscany can give no assurance that such expectations will prove to be correct.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Contacts:
Robert W. Lamond, President & CEO
Tuscany Energy Ltd.
(403) 269-9889
(403) 269-9890 (FAX)

Donald K. Clark, Vice President Operations & COO
Tuscany Energy Ltd.
(403) 269-9889
(403) 269-9890 (FAX)

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Bereitgestellt von Benutzer: Marketwired
Datum: 30.11.2015 - 14:00 Uhr
Sprache: Deutsch
News-ID 436338
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contact information:
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CALGARY, ALBERTA

Kategorie:

Oil & Gas

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