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Black Hawk Exploration (BHWX) Secures Approval to Drill at Kansas Property

Posted on 1/31/2011 5:31:58 PM in #Stocks | 0 comments comments

 

Black Hawk Exploration reported that the company has received regulatory approval regarding its application to drill on its oil and gas properties located in Kansas. The company plans to start drilling on its acreage within two weeks.


 


Black Hawk Exploration filed a notice of intent to drill with the Kansas Corporation Commission Oil and Gas Conservation Division. The company has 3,000 acres under lease in Cowley County, Kansas, and plans to drill and complete twenty wells over a six month program.


 


Black Hawk Exploration is leasing a drilling rig from Val Energy, and plans to re-enter an existing well on the property. The company intends to target several different oil and gas formations, including the Layton, Mississippi and Arbuckle zones.


 


Black Hawk Exploration plans to use advanced technology during the development program on the properties, including horizontal drilling and slick water hydraulic fracturing operations.


 


Black Hawk Exploration is still adding to its oil and gas acreage in Kansas, and leased an additional 425 acres in January 2011.


 


Black Hawk Exploration is a mineral exploration and development company founded in 2005. The company has acreage prospective for Lithium and Gold at separate locations in Nevada.


 


For more information on the company, go to www.black-hawk-exploration.com


 


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