Odyssey Completes 4th New Well Pelahatchie Field
21 Avril 2008 - 6:47PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (FRANKFURT: YQN) reports that the J.
Cox 18-10 #1 well has been successfully drilled to 11,500 ft. and
logged in Pelahatchie field. Evaluation logs ran by Baker Hughes
indicated numerous oil sands, primarily in the cretaceous age
formations from 9000 ft. subsurface to total depth of 11,500 ft.
According to the Company's geologist, the logs indicate 132 ft. of
probable pay in 16 zones from 10,590 ft. subsurface to 11,500 ft.
Numerous additional zones above 10,590 ft. are indicated as
probably being productive, however evaluations are not finalized at
present. Indicated productive zones are in the Paluxy, Rodessa, and
Hosston formations - all formations which have been historically
productive in the field.
Completion personnel have set production casing to total depth
and cemented in the same. The drilling rig will be rigged down and
moved, location restored, and the well prepared for production.
Odyssey has recently drilled four successful wells in the field,
where the Company controls over 4,000 gross mineral acres.
About Odyssey Petroleum Corp.
Odyssey Petroleum Corp. is a Canadian based junior oil and gas
company traded publicly under the symbol ODE on the TSX-V Exchange.
The Company's mission is the discovery and development of economic
oil and gas through the exploration of high quality projects
located primarily in the Southeastern United States. Odyssey
Petroleum Corp.'s website is www.odysseypetroleum.com. For investor
information, call (604) 718-2800 or fax (604) 718-2808.
ON BEHALF OF THE BOARD
Whitney Pansano, C.O.O. and President
Forward-Looking Statements:
Statements in this release that are forward-looking statements
are subject to various risks and uncertainties concerning the
specific factors identified in ODE's periodic filings with Canadian
and European Securities Regulators. Such forward-looking
information represents management's best judgment based on
information currently available. No forward-looking statement can
be guaranteed and actual future results may vary materially. ODE
does not assume the obligation to update any forward-looking
statement.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Odyssey Petroleum Corp. Whitney Pansano C.O.O. and
President (604) 718-2800 (604) 718-2808 (FAX) Email:
pubco@odysseyexplorations.com Website: www.odysseypetroleum.com
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