HDR hardman resources limited

not all lost in uganda next to hdr

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    Heritage Oil Corporation announces revised timing of Turaco-2 well in Uganda; Target depth anticipated early February

    Tuesday January 13, 11:25 am ET

    CALGARY, Jan. 13 /CNW/ - Heritage Oil Corporation (TSX: HOC.A - News) announced today that its Turaco-2 well has reached a measured depth of 2,422 metres. Directional drilling operations were commenced at a depth of 2,048 metres, to target the primary objective, the Kisegi Sandstone reservoir, at an optimal subsurface location. However, this slim-hole directional drilling program has taken longer to execute than was anticipated, such that the timing estimates for the well have been revised.

    "The critical part of the directional drilling has been completed successfully," said Heritage Chairman and CEO, Micael Gulbenkian. "We now anticipate that the Turaco-2 well will reach the Kisegi Sandstone objective during the next two to three weeks."

 
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