On December 15, 2005 QMAC reported that the company had initiated drilling of the first of two new wells in Montana's Lake Frances gas field. QMAC is now pleased to announce that the initial well was a success. The company is currently finishing flow testing the well and expects it to be tied in and revenue producing this week. QMAC is also pleased to announce the successful drilling of a second well in this drilling program. With both new gas wells on stream QMAC will have working interest in a total of (8) eight producing wells in the Lake Frances Gas Field.
QMAC plans to start its 2006 drilling program in the Lake Frances Gas Field with the drilling of a third well, as part of the present drilling program, on or before January 15, 2006.
QMAC plans to continue drilling in the Lake Frances Gas Field.
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