CALGARY, March 28 /CNW/ - (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. is
pleased to announce that it will start drill rig move to its 6-15-82-3 W6M
(6-15) drill location on March 29, 2008 upon completion of production casing
on its 10-15-82-3-W6M recently drilled well. The Company's geological and
geophysical advisors evaluated data received from the mud logs and drill stem
tests on its first well and based on this information and previously shot 2D
and 3D seismic, recommended to increase the depth of the second drill location
to include 2 potential oil producing zones in addition to the previously
proposed Gething and Notikewan potential gas zones.
The Company is in the process of amending its drill license received on
November 30, 2007 to increase estimated total depth from 1047 meters to
1144 m. Pemberton has already completed lease construction, rathole and
mousehole on 6-15 drill location.
Pemberton Energy Ltd's principal business is the acquisition, exploration
and development of petroleum properties. The company continues to focus on its
primary corporate objective: the creation of value for shareholders by
identifying oil and gas accumulations with relatively low geological risk but
with substantial reserve potential.
On Behalf of Pemberton Energy Ltd.
Ms. "Miroslava Antonuk"
Miroslava Antonuk, Director
TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS
For further information:
For further information: please contact the Company at (604) 269-9801 or