Petrolia Begins Long-Term Production Test on Haldimand 4
(firmenpresse) - QUEBEC CITY, QUEBEC -- (Marketwired) -- 05/18/16 -- Petrolia (TSX VENTURE: PEA) announces the commencement of the long-term production tests on Haldimand Number 4.
The Company announced that the well cleaning operation completed on Haldimand Number 4 had been successfully performed. On the basis of the results of that cleaning operation, Petrolia and its partner Quebenergie have approved the 240-day long-term test program. Petrolia has been issued all the necessary government approvals to begin this production test.
About Petrolia
Petrolia is a junior oil and gas exploration company which owns interests in oil and gas licenses covering 16,000 km2 (4 million acres), which represents almost 23% of the Quebec territory under lease. The closing of a partnership on Anticosti Island has led to the creation of Anticosti Hydrocarbons L.P., a limited partnership in which Petrolia holds a 21.7% interest. In order to carry out the project's operations, Petrolia Anticosti Inc., a subsidiary of Petrolia, was designated project operator. Petrolia is a Quebec company whose objective is to develop oil from here, by the people here, for here. Petrolia has 92 420 195 shares issued and outstanding.
Disclaimer
Certain statements made herein may constitute forward-looking statements. These statements relate to future events or the future economic performance of Petrolia and carry known and unknown risks, uncertainties and other factors that may appreciably affect their results, economic performance or accomplishments when considered in light of the content or implications or statements made by Petrolia. Actual events or results could be significantly different. Accordingly, investors should not place undue reliance on forward-looking statements. Petrolia disclaims any intention or obligation to update these forward-looking statements.
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:
Information
Alexandre Gagnon
President and CEO
418-657-1966
For Interviews
Jean-Francois Belleau
Director of Public and Governmental Affairs
418-657-1966
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Unternehmensinformation / Kurzprofil:
Datum: 18.05.2016 - 12:15 Uhr
Sprache: Deutsch
News-ID 471938
Anzahl Zeichen: 6620
contact information:
Town:
QUEBEC CITY, QUEBEC
Kategorie:
Oil & Gas
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