Adventure Energy has completed the acquisition of a 40% "Working Interest'' in the Larry Hardin #1 well located in Monroe County, Kentucky.
"The acquisition of this 40% Working Interest keeps with the Company's business model of acquiring interest in wells in areas of high productivity,'' said Wayne Anderson, President of Adventure Energy, Inc. "At a time when energy prices are depressed, this gives us a unique opportunity for development at a reasonable cost. With the anticipated uptick in energy prices in the second half of 2009, the return on our investment should be above our expectations.''
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