With the completion of our financing and the beginning of Phase II of its drilling plan completed by Carroll Energy, Force Fuels has finished the reports needed to drill 15 new wells on the Kansas property Force Fuels acquired in 2010.
Force Fuels plans to start producing with all of the gas wells in the southeastern tip of Kansas. The Company plans to develop existing oil wells and gas fields together. In addition, the Company has initiated discussions with Carroll Energy to help Force Fuels broker a bonus gas contract for all of the gas production in Kansas. The FF properties are located near a major gas sales line in Montgomery and Chautauqua counties.
"For too long the oil wells in Kansas have not utilized their natural gas resources. We feel the addition to our product line will enhance profit margins for our shareholders without depleting oil resources," said Thomas Hemingway, President and CEO.
Force Fuels has completed the geological analysis and field studies so the Company can move forward with the final drilling permit filings. Once the final permits are issued, Force Fuels will schedule the drilling contractor and other service work as needed.
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