Corridor Resources
Recent Articles
Corridor Prepares to Fracture Frederick Brook Formation
Thursday, October 15, 2009 - Corridor Resources is preparing to conduct two propane fracs in the upper part of the Frederick Brook formation at the Green Road G-41 (vertical) well.
Corridor Successfully Completes McCully L-38, P-47 Wells
Wednesday, September 09, 2009 - Corridor has reported the initial results of fracturing and flow-testing of the McCully L-38 and P-47 wells located in the northeastern segment of the McCully natural gas field in southern New Brunswick.
Corridor Posts Results of Independent Shale Gas Resource Study
Friday, June 26, 2009 - Corridor Resources has provided a summary of the results of an independent study of the quantity of shale gas resource contained within the Frederick Brook formation in the Sussex/Elgin sub-basins of southern New Brunswick.
Corridor to Complete Several McCully Gas Wells This Summer
Tuesday, May 05, 2009 - Corridor is currently finalizing plans regarding completion of several McCully gas wells this summer, including the P-47, L-38 and C-29 wells and the I-47 horizontal well drilled last year.
Corridor Reports Year-End Financial Results, Reserves for 2008
Friday, March 27, 2009 - Corridor Resources Inc. announced today its 2008 year end financial results and reserve evaluations.
Tuesday, March 03, 2009 - Corridor reported that two additional McCully natural gas wells have been drilled and cased in preparation for fracturing operations scheduled for later this spring.
Wednesday, January 14, 2009 - Corridor has planned a total capital expenditure program of $59.9 million, primarily related to drilling and completing additional natural gas production wells in the McCully Field.
Corridor to Turn on Taps at 26 McCully Gas Wells
Friday, December 19, 2008 - Corridor has provided an update today on its exploration, development and production operations in southern New Brunswick.
Wednesday, December 03, 2008 - Corridor has made a potentially significant oil discovery at its South Branch G-36 well situated 3 kilometers southeast of the McCully natural gas field in southern New Brunswick.
Tuesday, October 28, 2008 - Corridor has reported that completion and production operations at its McCully gas field in New Brunswick are progressing, with this year's program expected to be completed by the end of November.
Corridor Drills Ahead in New Brunswick
Thursday, October 16, 2008 - Corridor Resources has reported that the South Branch G-36 exploration well is currently drilling ahead at a depth of approximately 2566 meters in the Frederick Brook shale.
Corridor Suspends Fracturing Ops at Green Gables #3
Friday, September 05, 2008 - Corridor Resources Inc. has suspended fracturing operations at the Green Gables #3 well in Prince Edward Island following the fracture stimulation and subsequent flow-back testing of two intervals in the well.
Corridor Completes Wells in New Brunswick, Prince Edward Island
Tuesday, August 19, 2008 - Corridor reported that drilling at the McCully I-47 well has been completed in the horizontal leg of the well, and that the McCully N-66 horizontal well is drilling ahead at a measured depth of 2660 meters.
Corridor, PetroWorth Revise NG Exploration Agreement
Wednesday, July 30, 2008 - Corridor Resources has entered into a revised agreement with PetroWorth Resources regarding natural gas exploration activities on Prince Edward Island.
Corridor Resources Accelerates Frederick Brook Shale Gas Appraisal Program
Tuesday, June 03, 2008 - Corridor Resources Inc. announced that it plans to accelerate the appraisal and economic assessment of the prospective Frederick Brook shale development in the Elgin area of southern New Brunswick.
Corridor Completes Drilling Operations at McCully E-67
Friday, March 28, 2008 - The well failed to encounter sands in the Dawson Settlement formation at this location and reached total depth in "red beds" consisting primarily of siltstone and shale.
Corridor Completes Drilling at McCully E-67, Moves Ahead with J-38 and J-47
Friday, March 28, 2008 - Corridor Resources Inc. reported that drilling and logging operations at the McCully E-67 well have been completed. It is undertaking an "open-hole" completion in the Frederick Brook formation and plans to tie the well into the gathering system.
Wednesday, March 05, 2008 - The total gas production rate for the field is expected to be approximately 31 mmscf/day (22 mmscf/day net to Corridor) by the end of March.
Corridor Announces $71 Million Capital Budget for 2008
Thursday, January 24, 2008 - The Corporation plans a total capital expenditure of $70.9 million, primarily related to drilling and completing additional natural gas production wells in its McCully Field in southern New Brunswick.
Corridor Reverts to Over-Balanced Drilling for McCully E-67
Monday, January 14, 2008 - Corridor Resources Inc. reported today that under-balanced drilling operations at the McCully E-67 well have been terminated in favor of completing the drilling of the well using a conventional over-balanced drilling fluid.
