Heartland Revenues Continue to Grow – Production in Jack County, Texas Exceeds 400 mcfg/day
While Heartland Oil and Gas Corp. continues work on its new wells and gathering system in Kansas, production from existing wells has further expanded resulting in additional revenue growth. At its Catlin Oil and Gas Field in Jack County, Texas, Heartland has completed additional well improvements and increased production to over 400 mcfg/day. Heartland has also expanded the production from its existing coalbed methane wells in Miami County, Kansas through enhanced maintenance procedures and accelerated replacement of downhole equipment.
Total revenue from all natural gas operations, including 26 of 38 wells in Kansas in addition to the producing wells in Palo Pinto and Jack County, Texas, exceeded $330,000 during the month of July.
In April 2007, Universal Property Development and Acquisition Corporation acquired a controlling interest in Heartland Oil and Gas Corp. and designated Heartland as its exploration and production arm. Since that time, UPDA has also established Aztec Well Services, Inc. as its wholly owned field services subsidiary. For further information, visit www.heartlandoilandgas.com.
