Canary Resources Launches CBM Drilling Program
Canary Resources has launched its drilling program for coal bed methane in the Eastern Forest City Basin of Kansas and Missouri.
The natural gas and oil company has nine wells, which are presently shut-in
pending pipeline connection. Initial indications are positive: all of these
wells have good gas shows and are expected to be commercially productive.
"Based on the encouraging results we have received from our test wells, Canary will now expand its drilling program," said William Chandler, Jr., Canary's president and CEO. "We expect to drill up to 20 wells a month on leases we own in the Eastern Forest City Basin. We are also close to finalizing plans for pipeline access, and expect to have wells on production as soon as we are able to hook up."
- Canary Soars to Shale Stardom (Jan 30)
- Canary Resources Secures Natural Gas Pipeline Access for CBM (May 11)
- Canary Resources Launches CBM Drilling Program (Apr 13)