Longford Corporation

November 07, 2006 08:00 ET

Longford Corporation Significantly Increases Its Land Position in Barrhead, Alberta

CALGARY, ALBERTA--(CCNMatthews - Nov. 7, 2006) - Longford Corporation (TSX VENTURE:LFD) reports that it has significantly increased its land position in Barrhead, Alberta and will commence the drilling of a second horizontal coal bed methane ("CBM") well in December 2006.

Longford has recently secured a 100% interest in an additional 4.5 sections (net 2880 acres) in the area of Barrhead, Alberta. Longford has now accumulated the rights to 22,404 gross (10,820 net) acres of land in the Barrhead area. These properties are located in the vicinity of the Corbett Creek CBM project where horizontal well technology has been used to develop Mannville CBM production.

In December 2006, Longford will commence drilling a second CBM well in Barrhead.

Longford and its partners recently drilled Longford et al HZ GNCOURTE 13-11-59-6W5 on an adjacent section. This well was drilled and cased to true vertical depth of 1,145 meters. A horizontal lateral was then drilled from the vertical well into the Upper Mannville coal seam to a length of 1,289 meters. The lateral well encountered 1,225 meters of coal with good to excellent cleating and indications of reservoir permeability throughout based on samples and drilling fluid losses to the coal. Strong indications of gas were present throughout the drilling of the horizontal well bore.

Although the submersible pump in the 13-11 well has apparently plugged with coal fines, initial pumping results demonstrated high productivity and strong evidence of gas. This pump will be replaced in tandem with the completion of the second well in January 2007.

Based on these results, Longford Corporation has applied to the Alberta Energy and Utilities Board to increase the number of permitted wells in the Barrhead area from the current one well per section. This increased downspacing program is designed to enhance water drainage and subsequent methane production.

Longford Corporation is a Canadian oil and gas exploration company listed on the TSX Venture Exchange under the symbol "LFD". The Company is focused on exploring for and developing North American oil and gas assets and currently has two Coal Bed Methane projects in Barrhead Alberta and Moundville Alabama.


Contact Information