Superior Oil and Gas Co. (OTCBB: SIOR) has begun the recompletion
of the Chickie#1 well into the Tonkawa zone. "This will conclude the
ultimate productive value of this well," announced Dan Lloyd Jr.,
Vice President of Superior. "Post the commingling of many zones; the
Chickie#1 has served its past purpose of identifying the proper zones
that would form the basis for future horizontal drilling. Now we must
further capitalize on this asset and have it produce in a reliable
manner. The recompletion into the Tonkawa zone should allow us to do
just that. It is most prolific in the Wolf Creek area," Lloyd added.
About Us
Superior Oil and Gas Co. is an independent oil and gas developer and
producer. It is looking forward to pursuing new joint ventures that
will exploit unique oil & gas drilling and work-over opportunities.
It has accumulated various oil and gas properties in Oklahoma.
This Press Release contains forward-looking statements based on our
current expectations about our company and our industry. You can
identify these forward-looking statements when you see us using the
words such as "expect", "anticipate", "believes", "plans" and other
similar expressions. These forward-looking statements involve risks
and uncertainties. Our actual results could differ materially from
those anticipated in these forward-looking statements as a result of
our ability to complete required financings and other preconditions
to the completion of the transactions described herein and Superior's
ability to successfully acquire resources and produce its resources
among other issues. We undertake no obligation to publicly update any
forward-look statements for any reason, either if new information
becomes available or other events occur in the future. We caution you
not to place undue reliance on those statements.
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Contact:
Gayla McCoy
405-884-2080
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SOURCE: Superior Oil and Gas