Superior Oil and Gas Company and HOCO Drilling LLC to Commence Drilling on the First of a Four-Well Drilling Program in Oklahoma
Posted on: Monday, 21 August 2006, 15:00 CDT
Superior Oil and Gas Company (OTCBB: SIOR) is pleased to announce HOCO Drilling LLC, a Robson Energy Company located in Edmond, Oklahoma, is set to drill the first well in a four-well drilling program with Superior Oil and Gas Co.
Vernon Brock, President and Manager of HOCO Drilling stated "We are now participating in the program as a working interest partner with Superior Oil and Gas Co. The wells will be drilled to depths below 11,000 feet. The Lonesome River #1 Well location has been surveyed, and we await only the drilling permit in order to start immediately." Mr. Brock further stated "The program wells are in Blaine, Canadian and Kingfisher Counties, Oklahoma."
Dan Lloyd, CEO of Superior Oil and Gas stated "To be drilled first is the Lonesome River #1 Well which will be drilled to the Wilcox Formation in the SW 1/4 of Section 1, T 19 N, R 10 W in Blaine County, Oklahoma."
For more information, please contact Dan Lloyd at (405) 350-0404.
This Press Release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as 'expect,' 'anticipate,' 'estimate,' 'believes,' 'plans' and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Superior's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements.
Source: Business Wire
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