Unbridled Energy Corp (UNE.V) Announces Update on Chambers Prospect
Unbridled Energy Corporation announced today that it spudded its first Option Well on its Chambers prospect on August 26, 2007. The well is licensed to the Shunda formation at 3300m and is being drilled by Unbridled (58.5%) and its partner (41.5%). The Option Well, now drilling ahead at below 2000m, is designed to test several identified, locally producing horizons and should reach total depth in approximately 40 days from spud date. As previously announced, the Company has farmed-in on one of its partners to increase its interest in the Chambers prospect and has also taken over as Operator of the…