West Hawk drills 3,000 feet in first Figure Four well
2007-01-08 09:25 ET - News Release
Dr. Mark Hart reports
WEST HAWK UPDATES GAS DRILLING
West Hawk Development Corp. has released new results from drilling on the Figure Four property in the Piceance basin, Colorado, and information on a renewed 2007 focus on West Hawk's Groundhog property in British Columbia.
As of Jan. 4, the first well is down-hole approximately 3,000 feet. The company is targeting the projected gas-bearing pay zones of the Williams Fork, Rollins, Cozzette, Corcoran, Sego, and the Mancos A and Mancos B formations, located approximately 10,000 feet deep (details of these zones can be seen within the National Instrument 51-101 report on the company's website). Of note, while progressing to the current depth, the company did intersect a gas-bearing zone in the Wasatch formation at approximately 2,300 feet of depth. Although the flow of gas from this zone was considered significant and confirms the presence of gas, it is above the targeted gas-bearing pay zones and will be targeted as a potential completion zone. Drilling continues and the company anticipates reaching the targeted depth within the month of January.
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