Re: CQM, JNX News.....Hmmm+Gastem
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posted on
Feb 09, 2010 10:59AM
(Edit this message through the "fast facts" section)
Yes, this could be huge, if they all started to come with results. Here's from Gastem's St. Hyacint. Not exactly on our land, but it tells something about the utica:
MONTREAL, QUEBEC--(Marketwire - Feb. 9, 2010) - Gastem (TSX VENTURE:GMR - News) is pleased to report the initial test results of the single frac completions at La Presentation No1 and St-Hyacinthe No1 vertical wells, on the 37,247 hectare St-Hyacinthe property, in the St. Lawrence Lowlands, Quebec. Both vertical test wells, the first Utica Shale wells on this property, were drilled to the Trenton Limestone and were successfully cored in the Utica Shale.
The wells were cased and the first of several target intervals in the Utica was fracture stimulated in both wells by the operator, Canbriam Energy. The drill cuttings and logs confirmed projections that there is an increase of up to 30% in the thickness of the Utica south from the Yamaska fault, through Gastem's contiguous acreage to the region surrounding these test wells
http://finance.yahoo.com/news/Gastem-Completion-Results-for-ccn-3985724206.html?x=0&.v=1