Portrush Company News

Portrush has commenced drilling an exploratory well on its Waubuno property in Southwestern Ontario.

Portrush Petroleum Corporation announced that drilling has begun on the Scanio/Sheldon No.10 well in the Mission River property in Texas.

The Chico Martinez Field is a 640-acre tract in the San Joaquin Basin, California. The Belridge South Field, a 2-Billion Barrel Field, is 2 miles away to the North East and the Cymric Field, a 350 Million Barrel field, is two miles to the southeast.

Portrush Petroleum Corporation said that the operator of the Mission River, Texas, property has completed the field work on a 3D seismic shoot. Additional drilling will commence on the property as soon as the data is processed.

Portrush Petroleum Corp. said that its Scanio/Shelton No. 7 well in the Mission River property in Texas has reached total depth of 8,544 feet.

Portrush Petroleum reports that natural gas and condensate production has successfully commenced from the Scanio-Shelton #6 in Refegio, Texas.

Portrush Petroleum has begun drilling operations at its Scanio/Shelton Well No. 9 in Mission River, Texas.

Portrush Petroleum and the McAlester Fuel Company have entered into a binding agreement whereby Portrush has the right to acquire up to an additional 19% interest in the McAlester Mission River re-development project located in the lower gulf coast of Texas.

Portrush Petroleum says that the Scanio Shelton No.2, the first well of the twelve well project has been re-completed in order to maximize daily gas and condensate production.

Portrush Petroleum reports the results from the Mission River Oilfield in the Gulf Coast region of Texas, near Corpus Christi.

Portrush reports that the first three drill-site locations on the Mission River development project on the Texas Gulf Coast are ready for drilling.

Portrush says that drilling of a development well on its jointly held properties in the Lenox Township, Macomb County, Michigan is ready to get underway.

Portrush reports that McAlester Fuel has advised that the first three drill-site locations on the Mission River development project on the Texas Gulf Coast have been identified and drilling operations are about to begin.

Portrush says that the first two wells on the Texas Gulf Coast that the company is developing in partnership with McAlester Fuel Company have reached total depth.

Portrush has signed a letter of intent with the McAlester Fuel Company to enter into a joint venture to develop the Mission River Development project, situated in Refugio and Goliad Counties, Gulf Coast, Texas.