Miller Begins Drilling the Edwards / Fowler Unit #1

Miller Petroleum has begun drilling operations on the Edwards / Fowler Unit #1 in Roane County, Tennessee, to a depth of approximately 5,300 feet. The well will penetrate the Trenton / Stonesriver as well as the Knox formation. Drilling will be in partnership with a major independent in the Appalachian Basin. Miller will have a 25% working interest and a 3% over riding royalty interest and also serve as operator. The Edwards / Fowler Unit #1 is 9,200 feet from the Eula Butler Etal #1 and situated on the same anticline that has been confirmed by several seismic lines. "This well is located in the same geological setting as the Butler, and I expect results very similar. We could possibly have a stronger producer with the development of zones that were insignificant in the Butler," noted Dr. Gary Bible, VP of Miller's geology department. Natural gas will be sold to the Powell - Clinch Utility, whose pipeline is within 1,000 feet of the well. "With the promising results of the Butler well, I am looking forward to the results of this well, which will confirm our efforts to fully develop the Eureka Structure," indicated Deloy Miller, CEO of Miller Petroleum.
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