Raptor Capital Corporation Announces Preliminary Drilling Results in NE Alberta
1/8/2007
CALGARY, Jan. 8, 2007 (Canada NewsWire via COMTEX News Network) --
(RCP-TSX Venture): Raptor Capital Corporation ("Raptor" or the "Corporation") is pleased to announce that the Corporation and its partners have drilled and cased the first of three wells in a proposed eight-well drilling program in NE Alberta. The balance of the eight-well drilling program is anticipated to commence upon obtaining positive results of these three wells and further evaluation and testing of the three wells that were drilled and cased last spring. Raptor now has an interest in a total of 24 sections of land in the area. It is anticipated that first production will occur prior to spring breakup should the testing and engineering evaluation prove these wells to be economic.
Parties interested in obtaining further information or receiving news releases and corporate documents from Raptor may e-mail such request to Bill@raptap.com or review the Company's documentation filed on SEDAR at www.sedar.com.
This news release may contain certain forward-looking statements that reflect the current views and/or expectations of Raptor Capital Corporation with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary.
