Plans for test wells on west coast of province proceeding

Staff ~ The Telegram
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Vulcan Minerals Inc. announced today the final planning and procurement are underway to complete and test the Robinsons #1 and Red Brook #2 wells in western Newfoundland.
According to a news release, field operations are scheduled to commence in July.
Vulcan is a diversified junior exploration company focused on petroleum exploration in the under-explored western Newfoundland and Labrador areas and also holds mineral interests in areas strategic to its operations in Newfoundland and Labrador.
The news release states that based on petrophysical analysis, three zones - A, C and D - have been initially prioritized for evaluation in Red Brook #2. Further zones exist in the well, which based on the initial tests, may also warrant further evaluation.
At Robinsons #1, a long interval over 157 metres will be perforated with a deep penetrating procedure to access multiple sands over the interval in order to acquire reservoir pressure and fluids. Robinson #1 contains many low porosity/permeability sandstones over a gross interval exceeding 1,200 metres.
Vulcan states that all the necessary services to carry out the operations have to be mobilized to the site from out of the province. The company is finalizing service contracts and co-ordinating the operational schedule which is anticipated to entail field work over the course of three months.
This testing program is the culmination of a major wildcat drilling program in the Bay St. George Basin carried out by a 50/50 joint venture with Investcan Energy Corporation.
These results, combined with additional delineation drilling, will provide the necessary information to support a resource and reserve assessment for the southern portion of the Bay St. George permits.

Organizations: Vulcan Minerals Inc., Investcan Energy

Geographic location: Newfoundland and Labrador

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