12:04 PM EST - Waldron Energy Corporation : announced that its Strachan 7-29-37-8W5 well has been completed and has tested at 6.2 MMcf per day plus expected liquids of 30 - 40 bbls/mmcf out of the Ellerslie and Glauconite formations. The 100% interest well is expected to be on production by the end of March 2011. Additionally, the Corporation has drilled and logged the Ricinus 12-11-36-9W5 well and will be casing the well as a 100% interest Ellerslie well. The 12-11 well is expected to finish completion operations within the next two weeks. Waldron Energy Corporation
shares T.WDN are trading up $0.16 at $3.25.