(via Thenewswire.ca)
Vancouver, BC / TheNewswire / Jun e 27, 2016 - Rhys Resources purchased 128 hectares of land in the Provost area of Alberta at the June 22nd 2016 Alberta Land sale. The land was previously drilled and produced oil from the Dina formation. To date, the oil recoveries from the pool are low relative to other Dina pools in the area. Rhys plans to exploit the remaining oil utilizing the existing facilities and infrastructure that was installed by the original operator.
RHYS RESOURCES LTD.
Mark Vanry
President
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
912 - 1112 West Pender S t ree t V a n co u v e r B C V 6 E 2S1 P h o ne : ( 60 4 ) 558-3920
Copyright (c) 2016 TheNewswire - All rights reserved.
© 2024 Canjex Publishing Ltd. All rights reserved.