Marauder Resources East Coast says that the Dominion J-14a sidetrack well reached TD at 4440 m measured depth, Jan 22, 2006. The well did not encounter any reservoir containing economic quantities of hydrocarbons.
Marauder has now earned approximately a 25% working interest in the Grand Pre license. Part of the earning provision provides for Marauder to purchase portions of the Deep Panuke 3D seismic data from EnCana, which Marauder will be electing to do. Marauder will use this data, in conjunction with a 3rd party engineering evaluation group, to assist Marauder in reevaluating the reserve potential on the Balmoral (50% Marauder) and Grand Pre lands.
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