Logging the Rat Pays Off: Sun River Well in Raton Basin Shows Gas/Oil
Sun River Energy, Inc. reported that it has received logging results on the Company's Sun River #3 well located in the Raton Basin. The results were reported to Sun River Energy from Halliburton. Specifically, the log results indicate multiple seams of coal, and they further indicate that sandstone adjacent to the coal contains gas saturation. From the initial log analysis it appears that there is in excess of 60 feet of coal seams indicating gas on the logs.
The company is also excited to discover an oil indication on the log at a 350-foot depth. This is in addition to the strong gas indication. The Company intends to schedule additional preparation and perforation work with Halliburton on the #3 well as soon as possible, weather permitting.
Information on these additional tests will be made available as soon as they become available. Interested investors are encouraged to call Sun River Energy's Investor Communications firm, Equiti-trend Advisors. Representatives are available to investors daily during and after market hours from 10 a.m. to 5 p.m. eastern. See contact information below.