Energas Resources has acquired more acreage to expand the development project in Callahan County, Texas. The company now has 2,560 acres under lease and an option to lease an additional 2,981 acres, for a total of 5,501 acres under contract.
The field engineer reports that the Maurice Snyder #1 is now being put on pump and expects to begin oil and gas production next week. Initial production numbers will be announced when confirmed.
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