Boundary Bay Resources, Inc. announces rig has arrived Chevron # 3 well
12 6월 2008 - 5:43AM
PR Newswire (US)
Ticker Symbol: U:BBRE LAS VEGAS, June 11 /PRNewswire-FirstCall/ --
Boundary Bay Resources, Inc. ( the "Company") is pleased to
announce that the Rig has arrived on site. The Chevron Fee # 3 well
located in Marion County, Oklahoma. OilTec LP. The Chevron Fee # 3
was shut in for 6 years was a good Oil producer with very little
water. The Company plans on testing the Hill Lime formation and the
Rodessa zone. The well was previously producing to a depth of 6400
feet, and includes the mentioned alternative zones. Boundary Bay
Resources will be updating the shareholders on the progress on the
re work program shortly. The Company is also in discussions of
other acreage surrounding the well. About Boundary Bay Resources,
Inc. http://www.boundarybayresources.com/ Boundary Bay Resources is
dedicated to building a competitive oil and gas company that is
cash flow positive. The Company intends to acquire working
interests in established oil and gas production companies (Public
or Private). Funds generated from this domestic production will be
used to acquire premium oil and gas properties with both proven
reserves and upside exploration potential. The company understands
how exploration or "blue sky" opportunities can significantly
increase the value of any company (especially when a deposit is
found). Therefore, once/if some solid acquisitions are completed,
our aim is to begin looking for potential oil and gas properties.
On Behalf of the Board of Directors, Lee Borschowa President Safe
Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This news release contains forward-looking information
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements that include the words "believes,"
"expects," "anticipate," or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone's past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof. CONTACT: 250media -
Investor Relations, 1-888-472-1960, DATASOURCE: Boundary Bay
Resources Inc. CONTACT: 250media - Investor Relations,
1-888-472-1960,
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