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MAH Marksmen Energy Inc

0.01
0.00 (0.00%)
25 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marksmen Energy Inc TSXV:MAH TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.005 0.01 0.01 0.005 0.005 8,000 18:40:44

Marksmen Announces Drilling Update

29/05/2014 2:00pm

Marketwired Canada


Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH) is pleased
to announce that Marksmen and its Joint Venture Partner, Houghton Investments
LLC, drilled a well that reached total depth on May 28, 2014. It is the third
well of the Company's multi-well drilling program in Ohio, USA. 


There have been oil and gas shows in an upper formation and oil shows in the
targeted Cambrian Knox formation. During the drilling of the Cambrian Knox
formation oil circulated to surface. The well is in the process of being logged
and the well will be cased and completed.


This well and the second well that reached total depth on May 17, 2014,
previously announced on May 20, 2014, will both be perforated, acidized and
production tested in the next week to 10 days. 


Further information will be released as it becomes available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.


This news release may contain certain forward-looking information and
statements, including without limitation, statements pertaining to the Company's
drilling plans and operations. Oil and gas shows and oil circulated to surface
are not an indication that the Company's Ohio properties contain any reserves or
resources or that there will be commercially viable production from those
properties. All statements included herein, other than statements of historical
fact, are forward-looking information and such information involves various
risks and uncertainties. There can be no assurance that such information will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such information. A description of
assumptions used to develop such forward-looking information and a description
of risk factors that may cause actual results to differ materially from
forward-looking information can be found in Marksmen's disclosure documents on
the SEDAR website at www.sedar.com. Marksmen does not undertake to update any
forward-looking information except in accordance with applicable securities
laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marksmen Energy Inc.
Archie Nesbitt, President, Chief Executive Officer
and a Director of the Company
(403) 265-7270
info@marksmen.ca
www.marksmen.ca

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