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Gold/Mining/Energy : MCGR-McGowen Resources -- Ignore unavailable to you. Want to Upgrade?


To: Bobby Yellin who wrote (4)11/7/1997 5:27:00 PM
From: Ahda  Respond to of 14
 
DALLAS, Nov. 6 /PRNewswire/ -- McGowen Resources Company
(OTC Bulletin Board: MCGR) announced today it has successfully recompleted the
Beckloff #1-27 located in Dewey County, Oklahoma.
The Beckloff well, completed in the Morrow formation, is currently
producing 625 mcf of gas per day and 47.5 bbl of oil per day with 8lO pounds
casing pressure. Prior to the workover, the well was producing approximately
50 mcf of gas per day and 2 bbl of oil per day.
MCGR is an independent exploration and production company with interests
in about 100 wells in Texas and Oklahoma, operating about 40 of these wells.
Formed in 1992 by merger, MCGR is located in the Dallas area. Its president
is James P. McGowen.