A $9.5 million deep-drilling project in California’s oil-gassaturated south San Joaquin Valley, dubbed Project Ekho, began itsfirst test drilling Monday at a site 40 miles northwest ofBakersfield, shooting for a depth of 19,500 feet where itsindependent backers calculate there could be the beginning of somesubstantial new oil and gas supplies, according toBakersfield-based Tri-Valley Oil & Gas Co., operator of theproject, which has numerous Canadian backers.
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California Deep Drilling Draws Canadian Backers
In the wake of a well blowout and fire that burned for months inthe oil/gas saturated area between Bakersfield and the Elk Hillspetroleum reserve, a flood of small and medium-size Canadianbackers have moved into this old production region 100 miles northof Los Angeles, betting that new significant pools of natural gascan be found with deep-drilling below 15,000 feet.
September 13, 1999
California Deep Drilling Draws Canadians
In the wake of a well blowout and fire that burned for months inthe oil/gas saturated area between Bakersfield and the Elk Hillspetroleum reserve, a flood of small and medium-size Canadianbackers have moved into this old production region 100 miles northof Los Angeles, betting that new significant pools of natural gascan be found with deep-drilling below 15,000 feet.
September 13, 1999
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