Blaze Energy Corp. Has Four Wells Drilled in the Fayetteville Shale
Posted on: Friday, 7 December 2007, 09:00 CST
Blaze Energy Corp. (PINKSHEETS: BLZE), a majority-owned subsidiary of Environmental Energy Services, Inc. (PINKSHEETS: EESV), today announced it has four participating wells drilled and being completed in its Fayetteville Shale play, with a fifth well started.
Chairman & CEO A. Leon Blaser, Ph.D. commented, "It is very exciting to be on the cusp of transitioning from development to production, and it is great to be proving out our business model with actual results."
Both EESV and BLZE will provide further details when wells soon connect to the gas gathering system and production is announced.
About Blaze Energy
Blaze Energy Corp. (PINKSHEETS: BLZE) is a natural gas exploration and production company. Blaze Energy Corp. is primarily engaged in the Fayetteville Shale gas project in Arkansas, through working interests that it owns in acreage blocks in Van Buren, Cleburne and Conway counties. Blaze Energy Corp. is a majority-owned subsidiary of Environmental Energy Services, Inc. (PINKSHEETS: EESV). For more information please visit www.blazeenergy.net.
About Environmental Energy Services, Inc. (PINKSHEETS: EESV)
Environmental Energy Services, Inc. (PINKSHEETS: EESV) is an independent oil and gas exploration and production company. It analyzes extensive, in-depth research to acquire hydrocarbon energy resources for development and production. Headquartered in Boise, Idaho, EESV through its various holdings and subsidiaries participates in projects and controls resources throughout North America. To learn more about EESV, please visit www.eesvinc.com.
This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the company, including risks of production variances from expectations, market volatility, the level of capital expenditures required to fund ongoing drilling initiatives and the ability of the company to execute its business strategy. These and other risks are described in the company's reports filed with the United States Securities and Exchange Commission. These forward-looking statements are made only as of the date of this communication and both EESV and BLZE undertake no obligations to update or revise these forward-looking statements.
Media and Investor Contact: Ann Norman Norman Communications +1-310-927-5158 Email Contact
SOURCE: Blaze Energy
Source: MARKET WIRE
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