Quantcast
Last updated on May 26, 2012 at 9:16 EDT

Petromin Brings on Dual Producer at Gilby and Adds $115,000.00 Per Month in Net Revenue

September 22, 2008
Repost This

VANCOUVER, Sept. 22 /PRNewswire-FirstCall/ — Further to our May 05, 2008 news release, Petromin is pleased to announce that current production from the Company’s recently completed second well at Gilby in Central Alberta is at approximately 2 Million Cu. Ft of gas per day with approximately 50 barrels of 32 degree light gravity crude oil per day adding $115,000.00 per month in net revenues to the Company which retains 16 2/3 percent interests in the dual producing well. These Gilby wells are multi-zoned with other formations yet to be tested after full production of current zones.

A. Ross Gorrell

Co-Chairman and President

Petromin Resources Ltd.

CONTACT: Petromin Resources Ltd., 390-1090 W. Georgia St., Vancouver,B.C., V6E 3V7, T. (604) 682-8831, F.(604) 682-8683