News | October 27, 2006

Torrent Completes Drilling First Well And Commences Drilling Second Well On Westport Project Area

Seattle, WA — Torrent Energy Corporation announced the following developments from its wholly owned operating subsidiary, Methane Energy Corp.

According to Torrent, Energy Methane successfully completed drilling MEC 9-21-26-13 on October 15, 2006 and the Roll'n Rig #14 was released and commenced moving to the second location at 1-21-26-13. The well was successfully drilled to a depth of 3,025 feet, logged and casing was run and successfully cemented. A total of 85 feet of net coal with corresponding good-excellent mud-gas response was encountered. The gas-bearing coal section occurs between a drill depth of 558 and 1890 feet. The well was drilled through the coal-bearing interval and into a deeper basalt section to test and evaluate fracture porosity and permeability for potential use as a water disposal zone. Based upon drilling behavior, directional drilling reports and preliminary log interpretation, it is believed that a number of fracture zones were encountered in this basalt section.

Methane commenced drilling MEC Westport 1-21-26-13 at 22:30 PDT. This well is the second of ten potential new wells to be drilled in Methane's Westport project area located in Coos County, Oregon. Drilling operations on this well are forecast to run for eight to ten days. The well will be directionally drilled to an estimated total depth (TD) of 3,255 feet. The well is being drilled by Roll'n Oilfield Services' Rig #14.

SOURCE: Torrent Energy Corporation