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Article: Micron Enviro Systems, Inc. Announces Acquisition of Prospect in San Joaquin Valley.
- Article from:
- Business Wire
- Article date:
- October 11, 2002
CopyrightCOPYRIGHT 2002 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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Business Editors/Energy Writers
VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 11, 2002
Micron Enviro Systems, Inc. ("MSEV") (OTCBB:MSEV) is pleased to announce that it has acquired a 5% Working Interest in an oil and gas target. This interest is located in Kern County, California, in the prolific San Joaquin Valley.
California's San Joaquin Valley hosts 5 of the top 25 largest fields in the United States. More than 30,000 producing wells in Kern County alone provide approximately 62% of California's oil production and approximately 9% of national output. For industry experts this is not surprising because the geological conditions for oil ...