Thursday, May 13, 2010

Potash core holes permitted in Holbrook basin

Drilling permits were approved by the Arizona Oil & Gas Conservation Commission today for a Moab, Utah company, Potash Green, to drill two 1,500 ft deep core holes on State Trust Lands near Holbrook, as stratigraphic tests.

Steve Rauzi, our Oil & Gas Administrator, said the core holes could be spudded within a week.

Permit 987 is for a core hole in Sec 12, T17N, R25E, and permit 988 is for a location in Sec 20.

[right, potash thickness in Holbrook basin, AZ.

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