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AER Energy Resources, Inc. (OTC Pink:AERN) engaged into an agreement to JV up to 100 shallow oil wells in Kansas.
AER Energy Resources, Inc. (OTC Pink:AERN) engaged into an agreement to JV up to 100 shallow oil wells in Kansas.
As quoted in the press release:
The Company will rework these wells and drill additional new off-set wells, utilizing the latest drilling technology for maximum efficiency, and cost effectiveness.
AER Energy Resources’ President, Stanley F. Wilson stated:
“AER Energy, Inc. plans to complete the Kansas JV in December and begin secondary recovery operations in Q1 next year.”
Click here to read the AER Energy Resources, Inc. (OTC Pink:AERN) press release
