Drilling Starts on Sundance Gas Well
Resources Inc. announces that drilling has just started on the Talisman et
al 12-3-54-21 W5M well in the Sundance area – near Edson, Alberta.
Firesteel Resources Inc. has a 1.875% working interest in this well. This
drilling location is on lands, which are part of a 6-section land package
that Firesteel has various interests in.
This well has a projected depth of 2400 meters and the primary target is natural gas in the Cardium Formation. The Sundance area has a number of Cardium wells that produce at rates varying from 400 Mcf/d up to 2MMcf/day.
The 12-3 well is located 2 kilometres from Firesteel’s existing gas well and is only 5 kilometres from the nearby Sundance gas plant.
BEHALF OF THE BOARD OF DIRECTORS OF
FIRESTEEL RESOURCES INC.
David DuPre, President
Canadian Venture Exchange has neither approved nor disapproved the
information contained herein.