Posted in | News | Oil Shale | Mining Business

PetroWorth Resources to Drill Oil Well at Lake Ainslie Block Property

By Joel ScanlonSep 22 2011

The Nova Scotia Department of Energy has given approval to PetroWorth Resources to drill an oil well at the Lake Ainslie Block property, Cape Breton.

The company submitted an application for a drilling permit in September 2010, in order to drill an exploration well to a vertical depth of 1200-1500 m in total. The application excludes hydraulic fracturing and needed separate authorization from the Nova Scotia Departments of Environment and Energy.

The industrial approval application of the company was accepted by the Department of Environment in July 2011 and this application dealt with issues like groundwater monitoring and process waste management. This approval apparently paved the way for the company to go ahead with the drilling plans in Cape Breton.

The location of the planned well in West Lake Ainslie depends on the analysis of the recent seismic information obtained by PetroWorth in 2009, and on the drilling results of several historic wells at the region. Oil is obtained at shallow depths in three sand packages in the majority of these wells. In fact a well that was drilled during 1874 has flowed and barrelled oil to the U.S for a profitable sale. The depth of the planned well will be a minimum 800 m than the former wells. The oil-bearing near surface zones will additionally focus the Strathlorne formation’s deep structure.

Currently, the company will make an effort to hire a drilling rig. It has the time to drill this oil well until July, 2012.

Source:

http://www.petroworth.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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Scanlon, Joel. (2019, February 18). PetroWorth Resources to Drill Oil Well at Lake Ainslie Block Property. AZoMining. Retrieved on February 02, 2026 from https://www.azomining.com/News.aspx?newsID=5009.
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Scanlon, Joel. "PetroWorth Resources to Drill Oil Well at Lake Ainslie Block Property". AZoMining. 02 February 2026. <https://www.azomining.com/News.aspx?newsID=5009>.
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Scanlon, Joel. "PetroWorth Resources to Drill Oil Well at Lake Ainslie Block Property". AZoMining. https://www.azomining.com/News.aspx?newsID=5009. (accessed February 02, 2026).
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Scanlon, Joel. 2019. PetroWorth Resources to Drill Oil Well at Lake Ainslie Block Property. AZoMining, viewed 02 February 2026, https://www.azomining.com/News.aspx?newsID=5009.

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