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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cumberland Resources Nickel Corp | CSE:LAND | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.035 | 0.02 | 0.07 | 0 | 00:00:00 |
Lands End Resources Ltd (CNSX:LAND) ("Lands End") announces Initial Production rates of 16 - 20 BOPD on the Alpetro 12-36-52-17 W5M Cardium well. Despite the cold climate in Edson Alberta, Lands End has completed and equipped the 12-36-52-17 W5 Cardium well. The Initial Production of 16 - 20 BOPD was over a 10 day period of cold Alberta weather hampering the operator's ability to keep the well running 24 hours a day. Pursuant to Farm-out Option and Participation Agreement dated March 11, 2008 and the amended agreement dated November 19th, 2008 with Alpetro Resources Ltd., Lands End has tested the 12-36-52-17 W5 Cardium well and elected to participate 100% in completing and equipping 12-36-52-17 W5M well. Lands End and Alpetro will enter into a standard Farm-out agreement on the Block II earning well, wherein Alpetro retains a convertible override until payout and 40% after payout. Lands End will operate the well. About Lands End The Company is a public company that trades on the CNSX (LND). The Company's focus is to explore and develop Western Canadian oil and gas assets. Forward Looking Statements This news release contains statements about future events that are forward looking in nature and are subject to certain risks and uncertainties such as changes in plans or the occurrence of unexpected events. Actual results may differ from the estimates provided by management. Readers are cautioned not to place undue reliance on these statements.
1 Year Cumberland Resources Nic... Chart |
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