Cambrian Systems (CAMS) has completed the acquisition of another lease. The company's new "King" lease is comprised of 250 acres and is adjacent to their Jefferson and Tom Davis leases in Green County, Kentucky.
The "King" lease has fifteen additional open hole wells giving the company a total of 30 wells on 525 acres that are available for re-entry.
"We're so excited that we've been able to acquire such an exceptional set of leases in such a short period of time. The company has begun the process of bail testing these wells on the King lease. We do expect full completion shortly and we will then begin the next phase of 're-entry' on the holes which will give us maximum potential of oil production as per the bail testing results," stated management.
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