Quest Oil Corporation: Workover Program Continues This Week on the Hawkeye-Midkiff Fields
20 Septiembre 2010 - 3:15PM
Business Wire
Quest Oil, Corp. (Pinksheets: QOIL) announced the workover
program initiated last week on the Hawkeye-Midkiff fields in
Eastland County, Texas has continued this week. Additional well
hook-ups will continue. Production has continued to improve from
last week’s operations.
Mr. Joe Wallen, CEO and Director of Quest Oil, commented,
“Operations will continue into this week, placing additional wells
into production with the setting of pump jacks and additional
flowline. Daily oil production will steadily increase as the days
move forward with the adjustments of the producing wells from last
week and the new wells this week.”
About Quest Oil Corp.
Quest Oil Corporation is an independent oil and gas exploration
company that seeks to acquire and develop economically attractive
and geologically sound properties that have, in management’s view,
significant upside potential. Quest Oil Corporation is focused on
the acquisition of properties that are currently in production, and
on the development of new drilling opportunities. Quest Oil
Corporation’s development strategy includes the implementation of
state of the art technologies that are deployed to enhance and
rework existing, highly predictable wells, within proven oil and
gas plays. For more information, please visit www.questoil.com.
Statements contained herein that are not historical facts are
forward-looking statements within the meaning of the Securities Act
of 1933, as amended. Those statements include statements regarding
the intent, belief or current expectations of the company and its
management. Such statements reflect management's current views, are
based on certain assumptions and involve risks and uncertainties.
Actual results, events, or performance may differ materially from
the above forward-looking statements due to a number of important
factors, and will be dependent upon a variety of factors,
including, but not limited to, the company's ability to obtain
additional financing and the demand for the company's products. Any
investment in the company would be extremely speculative and
involve a high degree of risk and should not be pursued unless the
investor could afford to lose their entire investment. Before
investing, please review this filing, all past public filings with
the SEC, all current Pinksheets.com filings and consult a
registered broker dealer or contact the financial industry
regulatory authority (“FINRA”) for more information regarding
locating a qualified party to assist in making an investment
decision. The company undertakes no obligation to publicly update
these forward-looking statements to reflect events or circumstances
that occur after the date hereof or to reflect any change in the
company's expectations with regard to these forward-looking
statements or the occurrence of unanticipated events. Factors that
may impact the company's success are more fully disclosed in the
company's most recent public filings with the U.S. Securities and
Exchange Commission.
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