Xtreme Oil & Gas Acquires Rights in Hancock Well

- October 6th, 2011

Xtreme Oil & Gas, Inc. (OTCQB:XTOG,OTCBB:XTOG) has acquired working interest in the Hancock Well from the well operator, Husky Ventures Inc.

Xtreme Oil & Gas, Inc. (OTCQB:XTOG,OTCBB:XTOG) has acquired working interest in the Hancock Well from the well operator, Husky Ventures Inc.
As quoted in the press release:

Hancock is located in the Sooner trend in the Anadarko Basin and is drilled to the Hunton formation. The operator expects production to begin next month.

Xtreme Oil & Gas’s CEO, Willard G. McAndrew said:

“The Hancock and Robinson wells are using the same successful technologies that will be applied in Kansas. Our collective experience in horizontal drilling technologies has created significant value for all the partners, who have spent approximately $22 million perfecting the science. We expect this well to generate production similar to the surrounding wells in the next 12 months.”

Click here to read the Xtreme Oil & Gas, Inc. (OTCQB:XTOG,OTCBB:XTOG) press release

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