Corridor Resources Inc.

Corridor Resources Inc.

March 14, 2005 13:23 ET

Corridor Contracts Rig for Further McCully Drilling


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CORRIDOR RESOURCES INC.

TSX VENTURE SYMBOL: CDH

MARCH 14, 2005 - 13:23 ET

Corridor Contracts Rig for Further McCully Drilling

HALIFAX, NOVA SCOTIA--(CCNMatthews - March 14, 2005) - Corridor
Resources Inc. (TSX VENTURE:CDH) announced today that it has contracted
Rig 4 from Nabors Drilling, a Division of Nabors Canada ULC to undertake
further drilling at McCully in New Brunswick. The rig is a "double", and
is expected to be very suitable for drilling and completing wells in the
gas-productive Hiram Brook Formation. However, it also has the depth
capacity to explore the deeper Dawson Settlement Formation expected to
be present but yet to be penetrated at McCully.

The rig is to be mobilized from Western Canada to New Brunswick by early
April, and it is expected that drilling operations will commence at the
McCully C-67 location by the middle of April. The C-67 well is located
to assist in delineating the western flank of the McCully Field, as
illustrated on Corridor's web site (www.corridor.ns.ca).

Corridor is a junior oil and gas exploration and production company,
headquartered in Halifax, Nova Scotia, with interests onshore in New
Brunswick, Prince Edward Island, Quebec, and offshore in the Gulf of St.
Lawrence.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Corridor Resources Inc.
    Norman W. Miller
    President
    (902) 429-4511
    (902) 429-0209 (FAX)
    nmiller@corridor.ns.ca
    www.corridor.ns.ca
    The TSX Venture Exchange has neither approved or disapproved the
    information contained herein.