Bedford Energy to Begin Drilling the Nona #1-14
Bedford Energy (PINKSHEETS: BFDE) announces today that drilling is scheduled to begin on November 20th, 2008 on the Nona #1-14. This is an offset well to the Warren #1-14 gas well in Hughes County, Oklahoma. The Nona #1-14 well will be drilled to a total depth of 4,100 feet through the Calvin formation. Results will be posted as tests are completed. Bedford Energy’s drilling program in Hughes County, Oklahoma is on schedule and we anticipate two additional wells to be drilled during the 1st quarter of 2009.
For more detailed information on Bedford Energy please contact BFDE@bedfordenergyinc.com or visit www.bedfordenergyinc.com.
About Bedford Energy, Inc.
Bedford Energy, Inc. is a public company, trading under the symbol BFDE that is engaged in the exploration, development and exploitation of natural gas and oil properties in the mid-continent and gulf areas of the United States. Bedford strives to enhance investor value by expanding oil and natural gas reserves raising production levels and increasing cash flow. As always, Bedford intends to increase shareholder value through developmental drilling in proven producing areas.
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains “Safe Harbor” provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Bedford believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood. Bedford assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact: Bedford Energy, Inc. 531 N Portland Avenue Oklahoma City, OK 73107 Office: (405) 601-9745 http://www.bedfordenergyinc.com
SOURCE: Bedford Energy, Inc.