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Post by Franko10 ™ on Feb 21, 2005 18:09:12 GMT -5
GOLDEN ARCH RESOURCES LTD. 8930 OAK STREET, VANCOUVER, BC V6P 4B7 (604) 266-9910 1-800-661-0091 Fax: (604)266-5000 NEWS RELEASE Symbol: GAI (CDNX) Exemption 12g3 - 2(b) O.T.C. GARC-F SEC File # 82-659
Barnett Shale Drilling to begin Vancouver B. C., June 14, 2001: Further to the Company's news release of June 4 and June 6, 2001, Golden Arch Resources Ltd. is pleased to report that drilling operations will commence tomorrow on the #5 Wimberly, located in Jack County, Texas. The well is located 2100 ft. from the #7 Wimberly which was recently completed in the Barnett shale at a depth of 6500 feet. There are 12 known Barnett Shale producers in the area. Success in the next 2 wells #5 and #2 will firmly establish a new Barnett Shale field in the Wise, Jack, Parker, Tri county area. Golden Arch and its partners (See- Consolidated Odyssey CDNX: ODE) plan to drill 25 wells in the new field. For further information on this news release please contact Kip Greenlaw 604 266-9910, On behalf of the Board of Directors of Golden Arch Resources Ltd. "D.K.Greenlaw" Director
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