Fox Petroleum announced that Cameron Parish Pipelines has re-acquired all four wells that are in the Cameron Meadows Field that were previously orphaned by Louisiana's Office of Conservation.
"This action is consistent with our strategy to acquire Renfro Energy's Cameron Parish School Board lease and fully develop and exploit potential oil reserves from 200,000 to 500,000 barrels," said James Renfro, President of Fox Petroleum.
The company has announced that Well Serial numbers, 215451, 216036, 224358, and 235233, all of which are located in the Cameron Parish School Board property.
"We are continuing our efforts to raise funding in order to consummate the acquisition and development of these properties and we expect to begin audits on both acquisitions within the next ten days," said William Lieberman, Chief Executive Officer of Fox Petroleum.
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