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MAH Marksmen Energy Inc

0.01
0.00 (0.00%)
17 Feb 2025 - 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 00:00:00

Marksmen Announces Drilling and Completions Update

09/06/2014 2:01pm

Marketwired Canada


Marksmen Energy Inc. (TSX VENTURE:MAH) ("Marksmen" or the "Company") is pleased
to announce that Marksmen and its Joint Venture Partner, Houghton Investments
LLC, completed the third well of its drilling program on June 6, 2014. The well
was drilled to total depth on May 28, 2014. The completion process included
setting of production casing, perforating in the targeted Cambrian Knox
formation, and acidizing of the well. During the completion process the well
flowed oil to surface. The well will be tied-in and put on production in the
next few days. Marksmen has a 100% working interest before payout and a 90%
working interest after payout in this well.


Marksmen will commence drilling operations on its fourth well today and it
should take approximately two weeks to drill, complete and tie-in. Completion
work including perforating and acidizing on the second well drilled to total
depth in the targeted Cambrian Knox formation in late May will be completed
early this week. 


The Company has applied for drilling permits on an additional seven well
locations. A drilling schedule has yet to be determined. 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

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