US Oil & Gas to Drill 2nd Well at Hot Creek Valley

Onshore Nevada-focused junior explorer US Oil & Gas reported Friday that the Nevada Bureau of Land Management has awarded a permit to drill a second exploration well, Eblana No.2, on its Hot Creek Valley property.

The Permit to Drill was awarded to Major Oil International – a wholly-owned subsidiary of US Oil & Gas.

US Oil & Gas CEO Brian McDonnell commented in a company statement:

"The award of the company's second permit is an important step forward in our program to take the Hot Creek Valley discovery to the next stage. Preparations for additional survey activities are well underway. 

"Our purpose remains to prove up the asset in the most efficient way possible and we believe significant progress is being made by the company on all fronts."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Circle Oil Agrees Repayment Extension (Jun 24)
 -  MOL Group Makes Pakistan Gas Discovery (Jun 24)
 -  Statoil to Launch Training Tool for 50... (Jun 24)
 -  Atkins Wins Engineering Support Servic... (Jun 23)
 -  NZEC Plans to Boost Exploration, Appra... (Jun 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Shop Foreman, Service, Technology, & Rentals-Decommissioning
Expertise: Drilling Foreman / Drilling Supervisor
Location: Morgan City, LA
 
Drilling Superintendent, International Rotation
Expertise: Drilling Manager|Drilling Superintendent|Petroleum Engineering
Location: Houston
 
Land Administration Technician I
Expertise: Contracts Administration|Landman|Secretarial or Administrative
Location: Houston, TX
 
search for more jobs

Light Crude Oil : $50.11/BBL 1.99%
Natural Gas : $2.69/MMBtu 0.74%
Brent Crude Oil : $50.91/BBL 2.06%
Updated in last 24 hours