Monday, March 29, 2010

Southwestern heading Northeast

Southwestern wins Canada acreage

"US explorer Southwestern Energy said it had won a bid in Canada’s New Brunswick province to search for oil and gas on lands covering more than 2.5 million acres"

“While the Maritimes Basin has been recognized for years, we have identified a large area which we believe is prospective for oil and natural gas,” said Southwestern chief executive Steve Mueller.


As a result Corridor Resources climbs 8%

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