Bird River Resources Reports Double Success of Two New Wells and Acquisition of New Lease
July 30 2012 - 5:51PM
Marketwired Canada
Bird River Resources (CNSX:BDR) reports another double success has been achieved
with the drilling and fracing of two new horizontal oil wells. The wells are
located east of Sinclair Manitoba at 16-16-7-28 and 3-15-8-28 and are now on
pump. Each well was drilled with 600 metre leg and is fully cased. The wells are
now producing 75 barrels per day for each well. The operator of the wells is
Antler River Resources of Pierson, Manitoba. Bird River Resources has 2.5%
interest (2% net) in each of the new wells. BDR now has an interest in 11
production wells.
Bird River Resources is also pleased to announce that it has acquired a 100%
interest in a new oil lease located at the east half section of 2-3-26 in south
western Manitoba.
About Bird River Resources Inc.
BDR is a Winnipeg, Manitoba based resource exploration company. The Company is
focusing on oil and gas exploration opportunities in south western Manitoba. BDR
presently holds varying interests in 11 production oil wells. Additionally, BDR
also holds several oil leases in south western Manitoba (interest ranges from
25% to 100%). Bird River Resources welcomes joint venture participants from
other resource companies and accredited investors.
The common shares of Bird River Resources Inc. trade on the Canadian National
Stock Exchange under the symbol BDR.
This news release is for information purposes only and no statement herein
should be considered an offer or a solicitation of an offer for the purchase or
sale of any securities and may contain forward looking statements that are based
upon current expectations or beliefs as well as a number of assumptions about
future events and words such as may, should, could, will, expect, anticipate,
estimate, believe, intend, project should not be taken out of context.
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