Blaze Energy noted that its production for the calendar year 2008 is rapidly increasing and on target to meet internal expectations.
"Currently, we have a working interest in over 134 wells, with 64 wells producing and selling gas. Moreover, we have an additional 14 wells within the drilling process," stated Mike Thompson, President of Blaze Energy. "We expect to achieve our revised goal of having more than 70 wells producing by year's end. These current figures represent our tremendous upward achievement and the overall success of our Company's strategy thus far. Blaze Energy is moving forward with escalating momentum and vision, and is on its way to producing significant results for our shareholders."
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