Allied Energy Announces Plans to Acquire Additional Working Interests in Pawnee County, Oklahoma

Allied Energy, Inc. provided the following update regarding its plans to acquire additional interests in Pawnee County, Oklahoma. The Company is currently finalizing plans to acquire an additional 20% working interest in the Foust #7-9, #8-9, #9-9 and #10-9 well sites and the lease located in Pawnee County. The Company believes there exists production potential in this area from a multitude of formations... 

Mammoth Energy Group Announces Results of First Well in Pawnee County, OK

Mammoth Energy Group, Inc. announced the results from the first well in its 8 well project located near the Arkansas River in Pawnee County, Oklahoma. This first well was drilled to a depth of 1688′ and had commercially viable amounts of oil in the Layton from 1542′ to 1551′. The well was acidized and treated before being completed for production in this interval. Due to a backlog... 

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Atlas Oil and Gas Announces Results of Second Well in Pawnee County, OK

Atlas Oil and Gas, Inc. announced the results from its second well in its 8 well project located near the Arkansas River in Pawnee County, Oklahoma. The first well that was put into production earlier this week had an initial rate of about 20 barrels of oil per day (BOPD) from a shallow zone at 1550′. Management believes this rate will continue to increase, especially once electric is run to... 

Atlas Oil and Gas Announces Results of First Well in Pawnee County, OK

Atlas Oil and Gas, Inc. announced the results today from the first well in its 8 well project located near the Arkansas River in Pawnee County, Oklahoma. This first well was drilled to a depth of 1688′ and had commercially viable amounts of oil in the Layton from 1542′ to 1551′. The well was acidized and treated before being completed for production in this interval. Due to a backlog... 

Allied Energy Prepares for More Drilling Operations to Begin in Pawnee County, Oklahoma

Allied Energy, Inc. provided the following update regarding its plans to drill two more wells in Pawnee County, Oklahoma. Drill-site locations for the Foust #9-9 and Foust #10-9 have been excavated, built and are ready to be drilled in the very near future. The Company has secured a drilling rig to perform the drilling. “We are tentatively scheduled to begin drilling the first of these two locations... 

Mammoth Energy Group, Inc. Announces Pawnee County Well Names

Mammoth Energy Group, Inc. announce the names of its Pawnee county wells. Since the last press release, the Company has negotiated an 8th well to its inventory. The well names are Eric Foust 1-9, Eric Foust 2-9, Eric Foust 3-9, Eric Foust 4-9, Eric Foust 5-9, Eric Foust 6-9, Foust/Davis 1-A and Foust #4S. Mammoth Energy Group Inc. owns 3.75% working interest in all eight wells. Each of the wells was... 

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Mammoth Energy Group, Inc. Announces Well Acquisitions and Interest Restructure

Mammoth Energy Group, Inc. announce news regarding its well acquisitions and working interest restructure. On August 27, 2008, the company announced the acquisition of a 5% working interest in a well in Pawnee County Oklahoma. Today the company has negotiated with the majority leaseholder and has acquired a working interest in seven wells. The company now has a working interest of 3.75% in seven separate... 

Allied Energy Begins Drilling 2nd Location in Pawnee County

Allied Energy, Inc. announced today that it has begun drilling its 2nd location in Pawnee County, Oklahoma. “We expect to reach total depth for the #8-9 Foust in the next couple of days and are confident in the results we have seen thus far in Pawnee County,” said Allied’s President, Steve Stengell. “Given the present and future outlook for oil prices, we believe the timing... 

Saxon Oil Announces Gas Gathering Joint Venture In Kansas

Saxon Oil Company Ltd. announced today that its wholly owned subsidiary, Central Kansas Gas Gathering (“CKGG”), signed a joint venture agreement with Mid Kansas Gas Gathering LLP (“MKG”) of Wichita, Kansas. The 50-50 joint venture, called Mid Kansas Gas Gathering JV (“MKGG”), will be headquartered in Wichita, Kansas, with American Energies Pipeline, LLC (AEP) acting... 

Allied Energy Announces Apparent Drilling Success in Pawnee County

Allied Energy, Inc. announced today that it has drilled the Foust #7-9 well located in Pawnee County, Oklahoma to a total depth of 3,000 +/- feet and encountered oil and/or gas shows in at least five conventional reservoirs. The Foust #7-9 is currently in the completion process and is anticipated to establish commercial oil production in the next couple of weeks. Although the Company is very confident...