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Energas Receives Permit to Drill Wyoming Well.


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
) today announced that the permit to deepen the Finley #2 well has been approved by the Wyoming Oil and Gas Commission. The company plans to deepen this well from approximately 4,200' to 6,200' to test the Morrison and Leo Leo, in astronomy
Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac.
 zones for oil. The engineers expect the project to take 10-14 days. Further announcements will be forthcoming as the drilling rig arrives on location.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

When used in this press release, the words "intends," "believes," "anticipated" and "expects" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. Factors that could cause or contribute to such differences include normal risks associated with oil and gas drilling activities. In addition, adverse weather conditions can hinder or delay operations, as can shortages of equipment and materials or unavailability of drilling, completion, and/or work-over rigs. Even though a well is completed and is found to be productive, water and/or other substances may be encountered in the well, which may impair or prevent production or marketing of oil or gas from the well.
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Publication:Business Wire
Date:Feb 20, 2008
Words:199
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