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CHY Cypress Hills Resource Corp

0.06
0.00 (0.00%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cypress Hills Resource Corp TSXV:CHY TSX Venture 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% 0.06 0.065 0.195 0 01:00:00

Cheyenne Energy Inc.: Operational Update

10/09/2007 10:26pm

Marketwired Canada


Cheyenne Energy Inc. ("Cheyenne" or the "Company") (TSX VENTURE:CHY) announces
that it has successfully closed off channels in the cement behind the well
casing of 14-14-097-20W5M. As previously announced, the channels were allowing
water from a water zone below the primary reservoir to flow up and into the
casing, and this issue has now been successfully resolved.


The Company has also performed a well stimulation, followed by swabbing for the
past three days, recovering highly gasified fluid. The gasified fluid consists
of emulsified oil and drilling fluid. Cheyenne will continue to swab the well in
order to clean up the reservoir and fully evaluate the Gilwood zone.


Cheyenne is a Calgary based oil and gas exploration and development company in
Western Canada. It has positioned itself as a strong junior oil and gas producer
through internal generation of core producing areas. The corporate strategy is
organic growth through the drill bit, maintain high working interests and
operatorship, develop core areas in geographic areas of expertise of management,
all in order to maximize shareholder value.


Cheyenne's shares are listed on the TSX Venture Exchange under the symbol CHY.

This press release contains forward-looking statements. These forward-looking
statements can generally be identified as such because of the context of the
statements including words such as the Company "believes", "anticipates",
"expects", "plans", "may", "estimates" or words of a similar nature. These
statements are based on current expectations and are subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements. Accordingly, readers are cautioned and no
assurances can be given that any of the events anticipated by the
forward-looking statements will occur, or if any of them do so, what benefits
that we will derive there from. The Company does not undertake any obligation to
publicly update or revise any forward-looking statements.


1 Year Cypress Hills Resource Chart

1 Year Cypress Hills Resource Chart

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1 Month Cypress Hills Resource Chart