. . . New gas leases - Superior Oil and Gas (OTCBB:SIOR) acquired gas leases from Palmer Energy, covering approximately 1,200 acres in Nowata County, Oklahoma. This acquisition will include three completed gas wells with gas tests as high as 150 Mcf a day each. Superior estimates "that there is significant upside for this particular property with the potential to develop an additional 10 gas wells."
. . . New gas leases - Superior Oil and Gas (OTCBB:SIOR) acquired gas leases from Palmer Energy, covering approximately 1,200 acres in Nowata County, Oklahoma. This acquisition will include three completed gas wells with gas tests as high as 150 Mcf a day each. Superior estimates "that there is significant upside for this particular property with the potential to develop an additional 10 gas wells."Petrogen (PTGC) engages in the acquisition and development of natural gas properties with known hydrocarbon reserves primarily in the Texas Gulf Coast region. Recently successfully completed its discovery well, the Tiller Ranch #1 (TR#1) in the Stillwell Sands, the deepest of ten potential natural gas bearing zones. >Website
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