Energas Acquires New Well in Kentucky.OKLAHOMA CITY Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm -- Energas Resources, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EGSR EGSR Eurographics Symposium on Rendering EGSR Employer Support of the Guard and Reserve EGSR Engineer General Service Regiment ) is pleased to announce the acquisition of a new well in Whitley County, Kentucky Whitley County is a U.S. county located in the state of Kentucky. 2005 census projections list its population at 38,029[1]. The county seat is at Williamsburg6, though the largest city is Corbin. . The Davis #1 well is producing from the Newman Limestone formation at approximately 1,745 feet and has settled in to produce at a steady rate of 65 MCF of natural gas per day. If current production holds, this well will add approximately $150,000.00 a year to the Company's revenues at today's gas prices. The Company is in the process of acquiring more acreage and wells in this area. Additionally, the Company still intends to drill a new well in the Parkway Project, Kentucky and is waiting for a drilling rig to become available. Further announcements will be forthcoming. |
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