Bonanza Oil and Gas, Inc a Nevada Corporation and an independent oil and gas company to Announce Start of Damon Mound Drilling Programadmin
Bonanza Oil and Gas, Inc a Nevada Corporation and an independent oil and gas company, Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. The first of four proposed wells are being staked and location constructed for an August 2008 spud date. “The Company is delighted that operations are starting on Damon. This drilling program continues the Company’s strategy to develop its working interests and establish production,” said Bill Wiseman, President and CEO.
Based in Houston, TX, Bonanza Oil and Gas, Inc. holds assets ranging from current producing properties, wholly owned prospects, to developing working interests in Proven Undeveloped (PUDS) properties. Viewpoint Securities, LLC is the financial advisor for Bonanza Oil & Gas, Inc. Viewpoint provides investment banking and merchant banking services to emerging companies within the oil and gas, mining and other natural resources sectors. The company’s investment banking specialists are focused on delivering creative corporate finance solutions to fit the specialized needs of our clients. The group is headquartered in La Jolla, California.
Bonanza Oil & Gas, Inc. Bill Wiseman, 713-333-5808 President and CEO Fax: 713-333-5928
Source: Bonanza Oil and Gas, Inc.