Knight Energy Begins Gas Production at Jackson Property
Knight Energy has commenced production on its Jackson Property natural gas well located on its 160-acre property in Stephens County, Texas. The Jackson #1 Well has been producing high quality natural gas for the last week and has been averaging in excess of 300 mcf of gas per day. Knight Energy plans to drill additional wells on this property in the near future.
Knight Energy is also drilling additional wells on some of its other properties, and it expects to announce the results of these efforts in the near future.
William J. Bosso, Chief Executive Officer of Knight Energy, commented, "We are pleased that Knight Energy is placing another revenue producing well on line."
Knight Energy Corp. was formed in March 2006 for the purpose of operating and developing energy related businesses and assets. Shortly thereafter, Knight acquired an independent oil and gas services company, Charles Hill Drilling, Inc., which owned a 100% working interest in a 160-acre oil and gas lease in Stephens County, Texas, a drilling rig and other oil and gas equipment. The Company has leased an additional 400 acres that run contiguous to its 160-acre lease, and it has the right of first refusal on approximately 3,100 more acres in the same area.
- Knight Well Services Says Hello to New Engineering Manager (Jan 20)
- Knight Completes New Discovery Well in Texas (Dec 22)
- Knight's Subsidiary Nabs 2 New Drilling Rigs (Jul 10)