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KESTREL ANNOUNCES BELLEROPHON RESULTS; SPIDER NEXT NORTHWEST SHELF PROJECT FOR DENVER COMPANY
PR Newswire
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June 30, 1995
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COPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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DENVER, June 30 /PRNewswire/ -- Kestrel Energy Inc. (Nasdaq: KEST) announced today drilling efforts have been completed on the Bellerophon well located in section WA-254-P offshore on the North West Shelf of Australia and the well has been abandoned as a dry hole with no significant hydrocarbons detected.
The Bellerophon well, located 85 kilometers from the northwest shore of Dampler, Western Australia and 35 kilometers south of the 200-million-barrel Wanae Oil Field, operated by Woodside Petroleum was drilled to a depth of 1,330 meters.
Kestrel owned 5% of the ...
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