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Article: United States: Trend Technology and Americas Energy Company Sell Production of First Oil Well.
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. 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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Byline: manish03
Trend Technology Corporation and Americas Energy Company (AECo) announced today that AEC has sold the initial production from its first oil well. AECo is in the process of being acquired by TRET. The well is located in Cumberland County, Kentucky on AECo's 1,700+ acre lease. After a detailed evaluation the well was placed on a timed pumping program to extend the production life of the well and is currently producing 15-20 barrels per day.
"The sale of the production from our first oil well to Somerset Energy Refining in Somerset, Kentucky has set the stage for our oil division. We have ...
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