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Last updated on April 20, 2014 at 13:20 EDT

Latest Kentucky USA Energy Inc. Stories

2008-11-13 12:00:21

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today that a four point flow test has been completed at three of its wells, B Johnston #1, Slinker #1B and Hunter Wells #3. These tests were completed by an independent gas analysis engineering company that was retained by the Company. B Johnston #1 yielded an absolute open flow rate of 275 Mcf (thousand cubic feet) per day. The well was drilled to a total depth ("TD") of...

2008-11-07 09:00:20

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today that the Company has commenced drilling at two additional well locations on its leasehold in western Kentucky. Drilling rigs have rigged up and spudded-in at the Hunter Wells #1 and Francis Grace #2 locations. Drilling at the J&J Johnston #1 well is still suspended due to a mechanical breakdown on the drilling rig and the drilling contractor is waiting for a replacement...

2008-10-27 15:00:24

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today a drilling update on its New Albany Shale project. The Company has commenced drilling at the Walker #1 location and drilling is presently at a depth of 1170 feet. The Company expects to reach total depth ("TD") on this well early this week. The Walker #1 well was originally designated for drilling in May but spudding-in was delayed because of permitting matters. Due to a...

2008-10-13 09:00:41

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company announced today that the Company and natural gas distributor Atmos Energy Corporation (NYSE: ATO) have entered into a contract for Atmos to purchase the Company's production of gas from its wells drilling into the New Albany Shale formation on its properties in western Kentucky. Both companies will work together to lay pipe and connect into the Atmos pipeline in the coming months....

2008-09-22 09:00:49

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today that the Company reached total depth ("TD") of 2420 feet on Hunter Wells #3 and 2387 feet on B Johnston #1. Both wells showed strong gas to the surface while drilling. After logging the wells, the logs confirm that the shale formation encountered in these wells is comparable to that of wells evaluated in the Company's original reserves study. The 4 1/2" production casing has...

2008-08-27 09:01:20

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today that the Company has reached total depth ("TD") of 2510 feet on Hunter Wells #2, the second well drilled by the Company in the New Albany Shale that has been evaluated and determined to be commercially viable. The well showed strong gas to the surface while drilling, and after logging the well, the log confirms that the shale formation encountered in this well is comparable...

2008-07-31 12:00:59

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today further drilling developments on the New Albany Shale drilling operation. After logging Francis Grace #1 well, the geophysical log confirms that the shale formation encountered in this well is comparable to wells evaluated in the original reserves study. The 4 1/2" production casing has been run into the well. Further completion on Francis Grace # 1 is ongoing. Drilling...

2008-06-26 09:03:03

Kentucky USA Energy, Inc. (OTCBB: KYUS), an early stage natural gas exploration and production company, announced today that the Company has received the first 2 permits of the 5 permit applications submitted to drill on the previously identified initial well sites in its New Albany Shale leasehold in western Kentucky. The Company anticipates approval of the rest of the submitted permit applications shortly. In addition, the Company has contracted with a local drill rig operator to drill the...