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Article: U. S. Oil and Gas Resources Increases its Investment in Puckett Field, Mississippi.
- Article from:
- Business Wire
- Article date:
- January 20, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, British Columbia -- U.S. Oil and Gas Resources Inc. (TSX VENTURE:USR) is pleased to announce that it has increased its investment in the Puckett Oil and Gas Field in Puckett, Mississippi. On November 18, 2004 USR announced its participation in a six well re-completion program in the Puckett Field. Today USR announces the acquisition of a 16% interest in the entire Puckett Oil and Gas Field in Puckett, Mississippi from August Energy Corp. (PINK SHEETS:AENC).
As previously announced under the terms of the November 18, 2004 agreement U.S. Oil & Gas Resources farms in the rights to six wells situated in Puckett Oil & Gas Field in Sec 18, Smith County, ...