The McCully A-67(#1) and P-66(#2) wells continue to demonstrate excellent production performance. After producing for more than 18 months, the wells have produced more than 1.1 billion cubic feet (bcf) of gas at an average daily production rate of 2 million cubic feet and sustained average wellhead pressures of approximately of 1500 pounds per square inch. In December, 2004, APA Petroleum Engineering updated its independent engineering report covering the northwest flank of the McCully Field. The report estimates that portion of the field contains proven and probable gas reserves of 119 bcf, and proved, probable and possible reserves of 163 bcf, of which approximately two-thirds are net to Corridor's interest .
Corridor is a junior oil and gas exploration and production company, headquartered in Halifax, Nova Scotia, with interests onshore in New Brunswick, Prince Edward Island and Quebec, and offshore in the Gulf of St. Lawrence.
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