Thursday, September 01, 2011
Gulf Shores Resources Ltd.
Gulf Shores reported that the 3-34-14-33W1 well in the Coothill area of Southeast Saskatchewan has been drilled and is being cased as a new Bakken oil discovery.
Gulf Shores Resources Ltd. is paying 60% of the cost of the well to earn a 39% working interest in 160 acres with an option on an additional contiguous 320 acres under the same terms.
The rig will now move to the 9-16-15-32W1 location in the Welwyn area west of the Rocanville Field in Southeast Saskatchewan.
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