Mogul Energy Commences Drilling the Stafford Well #2, Jackson County, Texas

Mogul Energy International, Inc. (PINK:MGUY) reported the spudding of the Stafford Well #2 on the La Ward NE Field in Jackson County, Texas.

The press release is quoted as saying:

Stafford Well #2 has 100% participation of all working interest owners that participated in Mogul’s initial well in the field. Mogul has a 15% working interest in both wells #1 and #2 and is the operator for both.

President and CEO Tim Turner said,

“We are very excited about the prospects for our second well in our drilling program as we strive to carry out our mandate to grow value for our shareholders and partners.”

Click here to access the entire press release