Bowling Green, Kentucky (PRWEB)
January 11, 2018
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Encore Energy, Inc. has recently secured exclusive drilling rights to the JDH estate lease block(s) where thousands of acres are directly off-set to multiple areas of proven Berea oil production in Lawrence County, Kentucky. The Lawrence County Berea Oil play reportedly produces more than 20% of the state’s annual oil production. The Berea is projected to produce and provide income for up to ~15 – 20 years or more. Encore is a proven operator in the Berea play and believes their projects will support hundreds of highly-skilled and high-paying jobs in Eastern Kentucky, long-term. Be sure to check out the Company’s Investment Operations Due Diligence section online at http://www.encore-energy.com/Operations.html
“Encore is currently making plans to drill the first eight (8) horizontal Berea well locations,” said Joseph Hooper, Encore’s Executive Vice President and Director.
Oil and gas investments involve a high degree of risk and are suitable only for SEC defined accredited investors, industry participants and institutional investors who can afford the loss of their entire investment. No assurances can be made as it relates to production, reserves, income, timelines or any other estimates or projections.
For more information and to see if you qualify as an SEC defined accredited investor, please contact Joseph Hooper at (270) 842-1242, ext. 224 or by e-mail at Joseph.Hooper(at)encore-energy(dot)com
Assumptions, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. Words such as “estimate”, “will,” “intend,” “continue,” “target,” “expect,” “achieve,” “strategy,” “future,” “may,” “goal,” or other comparable words or phrases or the negative…