Portrush Petroleum Corporation
Oil & Gas Company
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash


AGORACOM WIRE .... WEEKEND EDITION

TOP STORY .... AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

 

AGORACOM INTERVIEWS ERIC SPROTT: Eric Discusses UC Resources $1.5M Investment INTO Sprott + Current And Future Silver Path

Message: Portrush Updates Ontario Project

Transformer_gallery
Rank: [?]
President
Points: [?]
11245
Rating: [?]
Votes: 82 Score: 3.3
  • Currently 3.3/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Portbush Starts Drilling # 11 Well & Has Plans for # 12 Well

posted on Jul 09, 08 05:29AM

Portrush Drilling at Mission River
09:00 EDT Wednesday, July 09, 2008

VANCOUVER (Business Wire) -- Portrush Petroleum Corporation (TSX-V:PSH)(OTCBB:PRRPF)(http://www.portrushpetroleum.com) wishes to announce that drillinghas begun on the Scanio/Sheldon No.11 well in the Mission Riverproperty in Texas. The well will be drilled to a total depth of 8,700feet and is a follow up well to the number ten well that was recentlyplaced on production at a rate of 550,000 MCF and 21 barrels of oil aday.

The Company expects to drill the number twelve well upon thesuccessful completion of the number eleven. Both wells will be drilledto the Vicksburg formation.

Current production from the Mission River field is approximately1.6 million cubic feet of gas and 50 barrels of oil/condensate a day.Portrush's share of the revenue is approximately $60,000 per month.

Based on the success of the latest drilling the operator of theMission River project intends to review any further development of thefield as soon as these two wells are completed.

About Portrush Petroleum Corporation:

To find out more about Portrush Petroleum Corporation visit ourwebsite at www.portrushpetroleum.com

The statements made in this Press Release may containforward-looking statements that may involve a number of risks anduncertainties. Actual events or results could differ materially fromthe Company's expectations and projections.

ON BEHALF OF THE BOARD

Mr. Martin Cotter, President & Director

New Message

Please login to post a reply

AGORACOM Quick Tips

Small & Micro Cap 2.0 Blog by AGORACOM Members Read It Now
Watch
Today's Show
in 00:00:000

President's D.D.

New feature: Hub Presidents can add important links here.