CALGARY, Sept. 24, 2013 /CNW/ - Nick Taylor, president and CEO of Softrock
Minerals Ltd (TSX-V SFT) released a progress report on the company's Alberta
He states that the company has applied to the Alberta Government for a lease
extension on their 640 ac oil and gas lease in the Charlie Lake producing
trend of Northwest Alberta to give more time for farmout negotiations
He further notes that in the last few weeks , the main operator in the area ,
Exshaw Oil Corp ( a subsidiary of Tourmaline Oil Corp) has applied to the
Alberta Government for altered spacing units that will permit horizontal well
completions in the sections offsetting to the south and southwest of the
In addition, Exshaw has also announced a shallower than Charlie Lake
Triassic test immediately south of the Softrock lease which may be intended
to test the Doe Creek horizon, a bed that produces in places in the area.
On the Industrial Mineral front, Taylor says the company has obtained a two
year extension from the Alberta Department of Energy for its 9,216 Ha
(20,709 ac) Permit for potash and diamonds in the Chinchaga area of northwest
We seek safe harbour
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release
SOURCE Softrock Minerals Ltd.
Nick Taylor Phone (403) 266-2605 firstname.lastname@example.org
To view this news release in HTML formatting, please use the following URL:
CO: Softrock Minerals Ltd.
NI: MNG OIL
-0- Sep/24/2013 16:16 GMT
Press spacebar to pause and continue. Press esc to stop.