Corridor fractures and tests the Frederick Brook Formation at the Green Road G-41 Well

Thursday, Nov 26, 2009

Corridor Resources Inc. reported today that it has conducted propane fracs and completed initial clean-up flow of two intervals in the upper part of the Frederick Brook formation at the Green Road G-41 (vertical) well. The well is located approximately 20 kilometers east of the McCully gas plant and 4 kilometers north of the village of Elgin in southern New Brunswick. The first of the two fracs resulted in the placement of 46 tonnes of proppant in a black shale interval at a depth between 2000 and 2050 meters. The second frac resulted in the placement of 68 tonnes of proppant in a silty interval of the formation containing thin interbeds of sandstone at a depth between 1850 and 1900 meters. Following completion of the fracturing operations, commingled clean-up flow was conducted for the two intervals. At the end of a 57 hour flow period, the well was flowing at a restricted rate of 4.1 mmscf/day, consisting of approximately 85% natural gas and 15% propane frac fluid at a flowing wellhead pressure of 2083 psi. A temperature log confirmed that both intervals were contributing to the flow. A tubing string with packer will be installed in the well to facilitate independent flow testing of each interval. These results represent the first significant flow of natural gas from the Frederick Brook formation, and are encouraging for future horizontal drilling and multi-stage fracturing of this large unconventional resource play.

An image is available here.

Corridor is a junior resource company engaged in the exploration for and development and production of petroleum and natural gas onshore in New Brunswick, Prince Edward Island and Quebec and offshore in the Gulf of St. Lawrence. Corridor currently has reserves of natural gas at only one property, the McCully Field near Sussex, New Brunswick. In June 2007, Corridor completed the construction of a field gathering system, a gas plant and a pipeline lateral connecting the McCully Field to markets through the Maritimes & Northeast Pipeline.

Source: Marketwire