Native American Energy Group Issues Formal Update on Five-Well Workover Program in Montana

Native American Energy Group, Inc. (OTC:NAGP) has completed the workover of the Cox 7-1 well in the Williston Basin in Montana.

The press release is quoted as saying:

Historically producing sweet crude from the shallow Mississippian Charles Formation, Cox 7-1 was first drilled in 1981 by Century Oil & Gas Corporation, but was later shut-in primarily due to a build-up of naturally occurring paraffin which clogged perforations in the original well bore.

Native American Energy Group’s President and CEO, Joseph D’Arrigo, stated,

“Completion of Cox 7-1 marked a critical milestone for Native American Energy Group — one that we have been diligently working towards for the past several years. This landmark achievement will transition our company from development stage to production. Moreover, it empowers us to advance our mission of actively supporting economic development for local Native American tribes through new job creation and NAGP-sponsored work training programs.”

Click here to access the entire press release