CALGARY, March 15 /CNW/ - Blackpool Exploration Ltd. (BPX.A: TSX Venture
Exchange) will participate for it's 25% working interest in the drilling of a
test well at Pouce Coupe South on the Peace River Arch in northwestern
Alberta. This well will evaluate the potential of dolomitic reservoir rock in
the Baldonnel Formation at a depth of 1,750 metres. The test well location is
defined with three dimensional seismic and is up dip from a well which flowed
natural gas at a rate of 1.7 million cubic feet per day when drill stem tested
over an interval including the Baldonnel Formation. The test well should be
drilled by the end of March 2007. Offsetting Baldonnel gas wells have
commenced production at maximum rates of 1.0 million cubic feet per day with
indicated cumulative total production volumes to 1.5 billion cubic feet based
on decline analysis.
BOEs may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 mcf: 1bbl is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Ron Shepherd, President, Blackpool Exploration
Ltd., phone: (403) 266-0955, fax: (403) 266-1955, email email@example.com or;
Beaumont Capital Investor Relations (403) 668-4880, email