Blue Water Petroleum Corp. Completes Drilling of Production Well, Begins Drilling New Well
30 August 2013 - 1:40AM
Marketwired
Blue Water Petroleum Corp. (OTCQB:BWPC)(BERLIN:BWPC) (the
"Company", "we", "us" or "our") announced that they have completed
drilling on the # 31122 Tribal well in Big Horn County, Montana.
The well was drilled to a total depth of 824 feet, and was
successfully cased, cemented, and perforated. The well is the 4th
well in a planned 5 well production unit.
The drilling rig has moved onto the location of the fifth well,
the # 41122 Tribal, drilling has commenced and surface casing has
been set at 80 feet.
The project is scheduled to produce shallow oil by injection of
steam in a central well that will drive oil to four surrounding
production wells in a 40 acre production unit.
About Blue Water Petroleum Corp.
Blue Water Petroleum Corp. is an oil and gas company that has an
agreement to develop shallow oil resources on up to 12,979 leased
acres in southeastern Montana. For further information please
contact Ellis Martin at 1-888-498-8880.
This press release contains forward-looking statements about the
Company and its business, plans, expectations and intentions.
Forward looking statements are statements that are not historical
facts and include, but are not limited to, statements about the
Company's drill plans, expected results and future success. The
forward-looking statements in this press release are subject to
various risks, uncertainties and other factors that could cause the
Company's actual results or achievements to differ materially from
those expressed in or implied by forward looking statements. These
risks, uncertainties and other factors are identified in the
Company's filings with the United States Securities and Exchange
Commission.
Contacts: Blue Water Petroleum Corp. Ellis Martin
1-888-498-8880ir@bwpet.com www.bwpet.com
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