Eos Petro to expand Illinois Basin works property (Scandinavian Oil-Gas Magazine)

Eos Petro to expand Illinois Basin works property

Published Jul 24, 2015

Eos Petro, Inc. announced its intention to expand its Works Property activities in the Illinois Basin with four recompletions and two new wells.

'With the first new well scheduled for completion in August and the second in September, Eos is set to capitalize on its Illinois Basin opportunity,' said Martin Oring, CEO of Eos Petro.

'We expect the Works Property expansion to double our current production levels to over 100 BOPD, thereby delivering a profitable return on our investment -- even with the current state of today's crude oil markets.'

Tags: EOS Petro

Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font

Top Stories

New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.

Rystad Energy - Borr Drilling takes charge of the jackup market

Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.

Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.

Southwest Research Institute (SwRI) - IMSF2

SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS²), to be held April 25-26, 2018, at SwRI’s headquarters...

[ In Politics and Policy ]

S&P Global Platts – May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017

First Addition of a New Grade of Crude Since 2007

Genel Energy issues Taq Taq reserves update

88 Energy updates evaluation for Icewine #1 well

Pantheon completes a diagnostic spinner survey on VOS#1 discovery

Eos Petro to expand Illinois Basin works property

Related links

[ In Politics and Policy ]