Reports about massive natural gas discovery in Trinidad’s east coast boosted the share price of Calgary-based Canadian Superior Energy.

Mike Coolen, president and chief operating officer for Canadian Superior, said:

The company is pleased but not entirely surprised to find a fast-flowing well. The neighbouring Dolphin Deep, half owned by BG International Ltd., has two wells which produce at approximately 150 mmcf/d and BP Trinidad has a set of three wells off its Cannonball platform, which together produce up to 700 mmcf/d at times.

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