Blue Water Petroleum Corp. : Blue Water Petroleum Corp. Begins Drilling Production Well, Receives Water Production Permit.
August 09 2013 - 10:35AM
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 7th 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
4th 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@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
HUG#1722318
Blue Water Petroleum (PK) (USOTC:BWPC)
Historical Stock Chart
From Dec 2024 to Jan 2025
Blue Water Petroleum (PK) (USOTC:BWPC)
Historical Stock Chart
From Jan 2024 to Jan 2025
Real-Time news about Blue Water Petroleum Corporation (PK) (OTCMarkets): 0 recent articles
More Blue Water Petroleum Corp. News Articles