Glamis Resources: Queensdale Encounters Oil and Gas
Glamis Resources Ltd. provided an operations update on drilling activity at Queensdale, SK. The Company's third 100% working interest well (192/5-1-7-1) was drilled to a total measured depth of 1715 meters. The well encountered oil and gas shows throughout the horizontal section similar to the first two producing wells drilled by Glamis at Queensdale. The drilling rig is currently standing idle on the lease and is banned from moving due to spring breakup restrictions on road use in the area.
Once the road bans have been lifted, Glamis will proceed directly to placing the well on production. Glamis has also spud a 100% working interest vertical exploratory well (141/5-11-7-1) in the Queensdale area. This well will test another 3D seismically defined feature on 100% working interest lands. Should this well prove successful Glamis expects to add up to 6 additional follow-up horizontal locations on 100% working interest Glamis lands.