Monogram Energy, Inc. Successfully Completes Workover
Monogram Energy, Inc. announced today that the Company has successfully completed the workover on one of the wells on the T.W. Martin lease. The well received a new pump and piping, and initial observation indicates the flow of oil has been significantly enhanced. Additional well workovers are continuing as planned.
Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, “Our results on this workover look very encouraging. I think we may see a doubling of the production on this well.”
Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy’s goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.
Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The Company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.
