Odyssey Petroleum Corp.: Drilling Progress in Pelahatchie Field
March 18 2008 - 12:15PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (FRANKFURT: YQN) is pleased to
announce that the drilling of the Harold Karges 18-7 #1 in
Pelahatchie Field, Rankin County, Mississippi is progressing well
(see the Company's News Release dated March 13, 2008 for further
information). As of this morning, drilling had proceeded past 2,000
feet. At 3,900 feet, the Company plans to set 8 5/8th surface
casing and cement it in. Then we will continue drilling to the
projected depth of 11,500 feet, to access and develop numerous
formations found to be productive in the field. Please view the
Company's website www.odysseypetroleum.com for photographs of the
Harold Karges 18-7 #1 well.
Drilling is expected to take approximately 21 days. When total
depth is reached, Odyssey's production personnel will assume
operations for the logging, evaluation, and completion of the well.
Placing production casing in the drilled hole and installation of
other production facilities is expected to be complete within 10
days of drilling of the well.
The Company intends to continue to provide a weekly update as
drilling progresses.
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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