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Grid Petroleum Identifies Area Of Interest

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August 17, 2012

The Board of Directors announce that Grid Petroleum has received Notification from the Premont Joint Venture Operator, Progas Services Inc, that the Scorpion Number 1 is continuing to drill the Garcia #3 well of the Northwest Premont field without delay.

The Scorpion drilling rig #1 has been on location drilling for five days and has reached a depth of over 2800 feet, with no adverse drilling issues to date.

The daily progress has slowed as expected as the drill bit passes through the various different geological formations.

The Garcia # ...

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