North American Energy Resources, Inc. Completes Gas Well in Washington Countyadmin
North American Energy Resources, Inc., an early stage oil and gas exploration and production company, announced today that it has completed a gas well in the Mississippi Chat formation adjacent to its two recently completed oil wells.
The well had been perfed and was acidized with 300 barrels of a 15% acid solution at 600 lbs. of pressure. The Company expects the well to flow gas within the week and will be connected to NAEN’s majority-owned Apwash Pipeline system.
The Company will complete a fourth well on the same lease and will drill one additional well in the first quarter of 2009.