Saxson’s Seismic Program in Italy Complete
Saxon Oil (CVE:SXN) today announced that a 3d seismic program being carried out by AleAnna Resources has been completed. Saxon owns a 20% interest in AleAnna. AleAnna conducted the program on 128 square kilometers in the Corte Dei Signori permit area in Italy.
Saxon’s president and CEO, Richard G. Green is quoted as saying:
…it appears that from a preliminary review of the seismic data, several significant geological structures are worth drilling. The data is being further processed at this time and a detailed review will commence shortly.
For the full release, click this link.
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Tue, Mar 24, 2009
Post by Mike Rodger, Oil Reporter