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Article: Enhanced Oil Resources Inc. Provides Corporate and Operations Update.
- Article from:
- PR Newswire
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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HOUSTON, Nov. 10 /PRNewswire-FirstCall/ -- Enhanced Oil Resources Inc. (TSX-V: EOR) today provides the following update on corporate and operational activity.
As previously reported the Company has been actively pursuing a production enhancement program at its oilfields in New Mexico with the purpose of increasing near term oil production in a cost effective manner at a time when costs for goods and services have been reduced. The Company is pleased to report that daily oil production has reached an historic high during the month of November with an average daily rate, for the month to date, of approximately 360 barrels oil per day (BOPD). At the Company's 98.5% ...