Bashaw Leduc American Leduc Yankee Canuck Team Finds D3 Oil At Arl Venture In South Bashaw

BASHAW LEDUC OIL AND GAS LIMITED, Edmonton independent has found some oil in the D3 zone, of Devonian at a stepout venture in BASHAW areas indicating an extension or discovery of a new pool about two miles south, of previous Bashaw oil production. The wells BASHAW ARL No. 1, is located on lsd 9 19-41-22w4th, about 110 miles northeast of Calgary, and is owned 50% by BASHAW LEDUC OIL & GAS LTD, 34% by AMERICAN LEDUC PETROLEUMS LTD and 16% by YANKEE CANUCK OIL & MINING COMPANY LTD. The quarter section on which the well is located is also owned under that same percentage basis.

First reported drillstem test at Arl No 1, from 5,562 to 5,569 feet, gave a natural gas flow rate of 50,000 cubic feet daily and recovery of 190 feet of oily no water, Test from 5,562 to 5,575 feet, gave a gas rate of 20,000 cubic feet daily and recovery of over 200 feet of oil, plus salt water.

Crew is now running string of production casing to 5,569 feet for completion. Company engineer J. MILNER plans to perforate opposite the waterfree zone 5,56269 feet and apply acid treatment preliminary to production testing.