CanArgo Announces Discovery of New Hydrocarbon Zones in N97 Well.

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CanArgo Announces Discovery of New Hydrocarbon Zones in N97 Well.

Business Editors

LONDON & OSLO, Norway--(BUSINESS WIRE)--Oct. 11, 2000

CanArgo Energy Corporation (OTCBB:GUSH) (OSLO STOCK EXCHANGE:CNR) today reported on the progress of its N97 Well being drilled on the Ninotsminda Field in the Republic of Georgia.

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