Lions Petroleum Inc. - Drilling update on Bennett #1 & #2 wells in Lavaca County, Texas

Name	Symbol	Market	Type
ETFS 2x Daily Long Petroleum	BIT:LPET	Italy	Exchange Traded Fund

Name

Symbol

Market

Type

ETFS 2x Daily Long Petroleum

BIT:LPET

Italy

Exchange Traded Fund

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	1.18	3.16%	38.485	31.55	48.625	38.495	38.485	38.495	59	16:40:00

Price Change

% Change

Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Traded

Last Trade

1.18

3.16%

38.485

31.55

48.625

38.495

38.485

38.495

16:40:00

Lions Petroleum Inc. - Drilling update on Bennett #1 & #2 wells in Lavaca County, Texas

12/09/2006 7:24pm

PR Newswire (US)

ETFS 2x Daily Long Petro... (BIT:LPET)
Historical Stock Chart

From Jun 2019 to Jun 2024

Click Here for more ETFS 2x Daily Long Petro... Charts.

DENVER, CO, Sept. 12 /PRNewswire-FirstCall/ -- Lions Petroleum Inc.(the "Company") OTCBB:LPET - announced today that SunCoast Technical Services, operator for the Bennett wells in Lavaca County, Texas (see News Release dated June 26/06) has informed the "Company" the two wells have been drilled to the following depths. The Bennett #1 well was drilled to a total depth of 3350 feet and 4-1/2 inch casing was run to a depth of 3140 feet. Logs indicated the following potential pay zones: - Miocene Formation from 784 - 786 feet - Frio Formation from 2734 - 2740 feet - Frio Formation from 3072 - 3080 feet The Bennett #2 well was drilled to a total depth of 1267 feet and 4 1/2 inch casing was run to a depth of 842 feet. Logs indicated the following potential pay zones: - Miocene Formation from 518 - 528 feet - Miocene Formation from 762 - 766 feet The operator reports they are waiting on a completion rig to be mobilized to the site. The Company also announces it will not be proceeding with the Genesis prospect that was the subject of a news release dated June 12, 2006. ABOUT LIONS OTCBB:LPET Lions Petroleum Inc. is a Delaware corporation that has oil and gas leases in Northern Alberta and the Williston Basin in South Saskatchewan. The Company has also signed an agreement to participate in a Texas gas project. The Company is currently seeking additional projects throughout North America. SAFE HARBOR The information provided in this Press Release does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of Lions Petroleum Inc. There are substantial risks associated with investing in development stage energy exploration companies. No Securities Commission or similar authority has in any way approved any of the information contained in this press release. CONTACT: Gordon Wiltse, 1-866-669-1533 (toll free North America) DATASOURCE: Lions Petroleum Inc. CONTACT: Gordon Wiltse, 1-866-669-1533 (toll free North America)

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

LPET ETFS 2x Daily Long Petroleum