Force Energy Corp. Acquires 50% Working Interest in the Diamond Springs Prospect
Thursday, August 13th 2009
Force Energy Corp. an Oil & Gas Exploration and Development Company based in Denver, CO with a focus on Wyoming announce that the Company has acquired a full 50% working interest in the Diamond Springs Prospect.
The Diamond Springs Prospect is a 3,300-acre shallow oil prospect located within the Wind River Basin in Fremont County, Wyoming. Independent 3rd party geologic work has concluded that the three independent but geologically similar prospective locations that comprise the property has the potential for 4.3 million barrels of oil all from depths of less than 1,100 feet. With its low cost risk/reward profile, management believes that the Diamond Springs Prospect is an exciting project with over 70 possible drill locations currently.
“We are pleased to announce our 50% stake in the Diamond Springs Prospect.” Stated Rahim Rayani, President and CEO of Force Energy Corp. “We have taken a considerably bigger piece of the pie while managing our risk and look forward to teaming up with our working interest partners in bringing this prospect into production.”
