July 28 (Reuters) - Corridor Resources Inc CDH.TO
* Corridor announces settlement with Quebec Government re: Anticosti joint venture
* Corridor Resources Inc - Government of Quebec has agreed to pay $19.5 million to Corridor
* Corridor Resources - settlement agreement with Government of Québec that facilitates end to participation in oil and gas exploration on Anticosti Island
* Corridor Resources - Government of Québec has also agreed to reimburse Corridor for any further amounts expended prior to its departure from Anticosti Island
* Corridor Resources - Government of Québec also agreed to assume all abandonment and reclamation obligations of corridor in respect of three Anticosti Wells
* Corridor Resources - been advised that Government of Québec intends to prohibit future exploration work relating to hydrocarbons, underground reservoirs