Corridor Spuds McCully K-57 Well

Corridor Resources reports that drilling has commenced at the McCully K-57 delineation well. The well is located approximately one and one-half kilometers northeast of the McCully A-67 discovery well and is designed to appraise the natural gas potential of the Hiram Brook formation between the McCully A-67 and D-48 wells. The K-57 well location was selected based on the 3-D seismic program recently conducted across the northwest part of the McCully Field in New Brunswick, Canada. The planned total depth is 2600 m and it is expected to take approximately 32 days to complete the well before undertaking gas flow testing operations. Potash Corporation of Saskatchewan Inc. is a 50% partner with Corridor in this Corridor operated well.