Bird River Resources Provides Update on Drilling
(firmenpresse) - WINNIPEG, MANITOBA -- (Marketwire) -- 08/17/11 -- Bird River Resources Inc. (CNSX: BDR) is pleased to report that, after a long wet spring in south west Manitoba, the oil wells that had been shut down due to inclement weather and massive water problems are now back on pump. The weather and water issues delayed the drilling program for BDR and its joint venture partners for nearly five months. The first well of the planned six well drilling program is now expected to start the first week of September. This horizontal well will be located on the north half of 15-8-28W1 and will be completed with a one mile leg. The operator for the well is Antler River Resources and Bird River Resources will have a five percent participation. The second well will be also horizontal and is expected to be drilled on the north east quarter of 30-1-27W1. Final details are being worked out as to a start date and the operator and joint venture partner is Atikwa Resources Inc. Joint venture partners Antler River Resources and Bird River Resources will each have 25% participation.
About Bird River Resources Inc.
BDR is a Winnipeg, Manitoba based resource exploration company. The Company is focusing on oil and gas exploration opportunities. BDR presently holds a 5% gross and a 4% net participation in five producing oil wells. Additionally, BDR also holds several oil leases in south western Manitoba (interest ranges from 25% to 100%). The common shares of Bird River Resources Inc. trade on the Canadian National Stock Exchange under the symbol BDR.
THIS NEWS RELEASE IS FOR INFORMATION PURPOSES ONLY AND NO STATEMENT HEREIN SHOULD BE CONSIDERED AN OFFER OR A SOLICITATION OF AN OFFER FOR THE PURCHASE OR SALE OF ANY SECURITIES AND MAY CONTAIN FORWARD LOOKING STATEMENTS THAT ARE BASED UPON CURRENT EXPECTATIONS OR BELIEFS AS WELL AS A NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND WORDS SUCH AS MAY, SHOULD, COULD, WILL, EXPECT, ANTICIPATE, ESTIMATE, BELIEVE, INTEND, PROJECT SHOULD NOT BE TAKEN OUT OF CONTEXT.
No stock exchange or securities commission has reviewed the adequacy or accuracy of this news release.
Contacts:
Bird River Resources Inc.
Nelson Shodine
President
204-589-2848
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Datum: 17.08.2011 - 22:35 Uhr
Sprache: Deutsch
News-ID 47744
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Town:
WINNIPEG, MANITOBA
Kategorie:
Oil & Gas
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