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Gold/Mining/Energy : American Junior Oil and Gas Companies (e.g., BEXP, CRZO)

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From: Scott Shaw6/23/2008 10:50:01 AM
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Energas to Complete Wyoming Well

Oklahoma City, OK – (Business Wire) – June 23, 2008 – Energas Resources, Inc. (OTCBB: EGSR) announced today that the Finley #5 well in Niobrara County, Wyoming has reached a total depth of 6,230 ft. Review of the mud and electric logs indicate the potential of commercial oil production from zones in the Leo formation at approximately 6,000 ft. Based on this information, Energas will immediately complete the well to test for production. Completion is scheduled to take place this week and the results will be announced thereafter.

Energas will own a 51% working interest in this well and owns a 44% working interest in this property, named the Rusty Creek Prospect, which covers approximately 1,760 acres. Further announcements will be forthcoming.
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