Proposed Spud Date Confirmed On Seisma Oil Research’s West Janice #1, 320 - Acres In Yoakum County, Texas ProspectPress release June 19, 2008 Business
It was advised by Enermax, Inc. who is the operator of the West Janice #1 Prospect, and the driller Evans Energy, that it has confirmed the start of drilling at this well location.
Boca Raton, Florida - Seisma Oil Research, LLC is pleased to announce that management attended a partner's meeting to discuss the prospect West Janice #1, 320 - Acres in Yoakum County, Texas wherein it was advised by Enermax, Inc. who is the operator of the West Janice #1 Prospect, and the driller Evans Energy, that it has confirmed the start of drilling at this well location and the Spud Date is Monday, June 30, 2008. The initial well will be drilled to a depth of approximately 11,500 feet.
Justin Solomon, President and Managing Partner of Seisma Oil Research, LLC had this to say after the meeting. "I am happy to announce that as we projected, and previously disclosed, the West Janice #1 project will commence drilling as planned on June 30th. Our partners have assured us that the rig is now in place and that the final steps are being taken to initiate. The Spud is confirmed for that Monday morning. It is reassuring to know that our choice of partners has once again brought us to this exciting point in a highly anticipated prospect."
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This press release may include forward-looking statements as defined by the Securities and Exchange Commission. Such statements are those concerning forecasts, estimates, expectations and objectives for future operations. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Statements regarding future production, reserve additions and capital expenditures are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. The above mentioned program has been fully funded and is not available to new investors.