Blue Water Petroleum Corp. (OTCBB: BWPC) has completed drilling on the #31122 Tribal well in Big Horn County, Mont.
The well was drilled to a total depth of 824 feet, and was successfully cased, cemented, and perforated. The well is the fourth well in a planned five well production unit.
The drilling rig has moved onto the location of the fifth well, the #41122 Tribal, drilling has commenced and surface casing has been set at 80 feet.
The project is scheduled to produce shallow oil by injection of steam in a central well that will drive oil to four surrounding production wells in a 40 acre production unit.
Blue Water Petroleum Corp. operates as an oil and gas company based in Centennial, Colo.