Quest Oil announced the workover program on the Hawkeye-Midkiff fields in Eastland County, Texas continues resulting in the anticipated increase in daily production. Quest has acquired its own workover rig to be used on the Eastland County leases for its wells. In addition, Quest is currently pursuing the acquisition of other oil and gas leases.
Mr. Joe Wallen, CEO and Director of Quest Oil commented, "We have had downtime due to weather conditions in the last 30 to 60 days delaying the program. Acquiring the workover rig will help to alleviate any delays and dramatically reduce our costs. We continue our pursuit of additional oil and gas leases, not just in Texas, but throughout the United State, through the use of creative deals that we are very excited about. We will continue our pursuit, to further establish Quest as a legitimate independent oil and gas company. More news on the acquisitions will be out soon."
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