The McCully F-58 well is the first well in the McCully area designed to reach and explore the Dawson Settlement sands. The sands outcrop on the Caledonia Highlands located several kilometers to the south of the McCully Field, where they are observed to be very thick and coarse grained. 3-D seismic across the McCully Field area indicates the Dawson Settlement sands are trapped within the same structure as the Hiram Brook sands. The area of the structure at the Dawson Settlement level is in the order of 20,000 acres, indicating that the Dawson Settlement sands could, if gas bearing, contain quantities of gas-in-place several times greater than in the Hiram Brook sands.
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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