Monarch Enters into Drilling Agreement
October 24th, 2006… Gulf Exploration, Inc., a Washington Corporation, today announced it has entered into an agreement to participate in the drilling of a test well in the North Colgrade Prospect located in Winn Parish, … barrels) of oil. The Joyce field, four miles to the northwest of the North Colgrade prospect, has produced 1.9 MBbls of oil from the …