Cheyenne Energy Inc.

Cheyenne Energy Inc.

September 09, 2005 14:56 ET

Cheyenne Energy Inc.: Current Activity Update

CALGARY, ALBERTA--(CCNMatthews - Sept. 9, 2005) - Cheyenne Energy Inc. (TSX VENTURE:CHY) ("Cheyenne" or the "Company") announces that in its core area of Camrose, the evaluation of the 100% working interest developmental well drilled in June 2005 has been completed. The target of this well was Glauconite natural gas. Preliminary testing indicated a pressure of 1500 Psi; however further testing did not confirm these initial findings. As a result, the cased well will be cut, capped and abandoned.

The Company is continuing its capital program with the spudding of the 93% working interest Viking well at Cessford on Saturday, September 10. In addition, another 100% working interest Glauconite natural gas well will be drilled at Camrose by the end of September.

Cheyenne Energy Inc. is a public energy company engaged in the exploration for and development and production of crude oil and natural gas, primarily in Western Canada. Cheyenne's corporate strategy is to grow and develop oil and gas reserves through the drill bit and add value for its shareholders.

This news may contain forward-looking information. Actual future results may differ materially froom those contemplated herein.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Cheyenne Energy Inc.
    Tim Cooney
    President & CEO
    (403) 296-2590
    Cheyenne Energy Inc.
    Adeline Roth
    Vice President Finance & CFO
    (403) 296-2590
    (403) 296-0534 (FAX)