Northern Explorations Notes Spud Date for Randall Island Test Well

Northern Explorations received notice today from its working interest partners that the project operator has reserved a drilling rig and plans to mobilize and spud the first well in the Randall Island gas prospect during the week of August 21st.

As previously announced, the first well of the program is planned to target the apparent 50 feet of net pay at a depth of 7,800 feet. Should the target prove to be 100% gas filled and is commercially viable, this first well has a projected initial production rate (I.P.R.) of 2,000 to 4,000 MCF per day, from an estimated 3.6Bcf gas pool.

If the well is successful, the operator plans to tie into an existing pipeline that is less than 1/2 mile from the site, and the gas customer will be PG&E Citygate.