Canadian Oil

[johnlw]

Hi kd

I got back in Clipper today.
Here's hoping they can work some magic around Alberta's Redneck Riviera.
$40M budgeted for the area?

At Sylvan Lake, Alberta Clipper has also accelerated the drilling of a 100-per-cent Leduc location from the first quarter of 2007. The 6-15-37-5W5 well is targeting a Leduc pinnacle reef and is expected to reach total depth prior to the end of the year. In addition, a further Leduc well at 7-5-38-4W5 is undergoing completion and testing operations and is expected to be producing by the end of the year, bringing the total number of new Leduc wells brought on stream in 2006 to eight. One final Leduc exploratory drilling location is expected to spud in late December.

Family of an old school chum of mine sold their cabin at Sylvan last fall. Got $1m+ for the shack........