Energas Resources Inc. Announces Finley State No. 3 Well to Begin in the Rusty Creek Prospect.OKLAHOMA Oklahoma (ōkləhō`mə), state in SW United States. It is bordered by Missouri and Arkansas (E); Texas, partially across the Red R. (S, W); New Mexico, across the narrow edge of the Oklahoma Panhandle (W); and Colorado and Kansas (N). CITY--(BUSINESS WIRE)--Dec. 1, 1999-- Energas Resources Inc. (the "Company") is pleased to announce that the location has been built and the rig is now moving on site to drill the Finley State No. 3 well in the Rusty rust·y adj. rust·i·er, rust·i·est 1. Covered with rust; corroded. 2. Consisting of or produced by rust. 3. Of a yellowish-red or brownish-red color. 4. Creek Prospect, Niobrara County, Wyoming Niobrara County is a county located in the U.S. state of Wyoming As of 2000, the population is 2,407, making it the state's least populous county. Its county seat is Lusk6. History Niobrara County was organized in 1911. Geography According to the U.S. . This well will be a direct offset to the Finley State No. 1 well which initially tested at a 24-hour flow rate of 1,516 barrels of oil per day and 1,146,000 cubic feet of gas per day. The Company owns a 37.5% working interest in this 3,000-acre prospect. The Rusty Creek Prospect has a 3,000-barrel tank storage facility in place which is connected to both oil and gas sales pipelines. Further announcements will be forthcoming. ON BEHALF OF THE BOARD OF DIRECTORS ENERGAS RESOURCES INC. By: George G. Shaw, Pres. THE VANCOUVER STOCK EXCHANGE Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |
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