Mogul Spuds First Well at Saskatchewan Walpole Properties

Mogul Energy has commenced its drill program involving the Walpole properties located in southeastern Saskatchewan. Mogul Energy representative has confirmed that the first well has been spudded successfully.

The first well is to be drilled to a total depth of 1100 meters testing the Torquay, Souris Valley and Bakken Formations. The company has also announced that with the assistance of CODECO Energy Group, it has completed construction on its second location.

Naeem Tyab, Mogul company President stated, "We are pleased to announce that we are now spudding our first well, ahead of the December 1, 2008 scheduled start date."

Results from this well tests and drilling on the second location will be announced in the weeks ahead.

Related Companies
 Company: Mogul Energy Internationalmore info
 - Mogul Completes 3rd S. Texas Well (Feb 21)
 - Mogul Spuds 3rd Well in South Texas (Dec 27)
 - Mogul Awarded Drilling Permit in Tx. County (Dec 8)

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