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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pacific Energy and Mining Co (CE) | USOTC:PEMC | OTCMarkets | 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% | 0.0002 | 0.00 | 01:00:00 |
Approximately 3,000 feet of horizontal section was drilled. Production testing over the next 60 days will help in determining the productivity of the reservoir.
The Operator of the Unit is Questar Exploration and Production, subsidiary of Questar Corp. The production is from the Greenriver formation at an approximate depth of 7,000 ft. All information on the drilling of the horizontal well is being held confidential.
For further information on the Unit agreement visit www.pemc.us
About PEMC
The Company, through a General Partnership, holds working interest in oil wells in Cedar Rim Oil Field in Utah and working interest in numerous non-operated oil and gas wells in Oklahoma. Additionally PEMC owns interest in Brennan Bottoms Oil Field in Uintah County, Utah, and interests in oil and gas fields in Grand County, Utah.
Disclaimer
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or further changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Worldwide Financial Marketing, Inc. USA Investor Relations Int'l 1 954 360 9998 US 866 360 9998
1 Year Pacific Energy and Mining (CE) Chart |
1 Month Pacific Energy and Mining (CE) Chart |
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