Ann: Drilling Update , page-2

No wonder EEG shares began to rise again today, with this announcement coming out late today.

With 2 successfully logged oil wells in Kansas ...and another one completed and awaiting log information ...and yet a 4th oil well currently being drilled, in highly productive oil territory, things are looking good.

Now they, will top up EEG cash reserves and drill a programme of 15 new oil wells in Kansas and North Dakota ...which promises to be a lively northern Summer and Autumn drilling season ...with more black gold for EEG coffers.

Each day there seems to be more big players like Exxon and BHP and Shell showing a significant interest in Shale gas in the USA.

So, EEG is looking prettier by the day, with its 400,000+ acres of highly prospective Marcellus and Utica land, with a rising price tag of $2,000+ per acre.

Should be another good week next week.