Range joins Amoco Canada in Alberta
Range Petroleum Corporation will joins with Amoco Canada Petroleum Company in conducting a 3-D seismic program
covering 236 sq km in Alberta.
The seismic program will evaluate several promising Devonian leads as well as other prospective horizons. Range and
its 50 % partner will pay 60 % of the cost of the seismic program estimated to total $ 3.2 million to participate
50-50 with Amoco in the prospect area. In addition to acquiring an interest in 9,600 acres of existing leases from
Amoco, Range will benefit from significant 3-D seismic programs previously conducted by Amoco in the area. The
seismic program is situated near currently producing prolific oil and gas fields with existing processing and
marketing infrastructures in place.
This seismic program is currently underway. Completion of the field acquisition portion is scheduled for late March
1998 with interpretation to be completed by May/June, 1998.
Range has contracted Precision Drilling Rig No. 372-D for the drilling of test well "Range-Talon-Progress 11-29-78-9
W6M" with spud date end of February.
