Fairchild International to drill Kerrobert oil wells
Tuesday June 24, 10:56 am ET VANCOUVER, June 24 /PRNewswire-FirstCall/ - Fairchild International Corporation (OTCBB:FRCD - News) announced today that drilling of the next set of oil wells in the Viking formation on the Kerrobert property in Saskatchewan, Canada will commence early next week.
The operator has informed the company that the drilling rigs are set to leave the current job and will be mobilized by the weekend. Once drilling begins, each well is expected to take 3 days to drill, with all wells completed in approximately 30 days.Fairchild International Corporation is an emerging energy enterprise with natural gas production in California and producing oil wells in Saskatchewan, Canada.
Fairchild International's primary objective is to enhance shareholder value through the continued successful exploration of domestic North American oil and gas prospects.