Ness Energy
International Announces That It Has Become a Texas Corporation and
Has Acquired Two Natural Gas Wells in North Texas(Click For The Full Story)
AC Rogers Lease
The AC Rogers Lease is located
in Young County, in North Texas.
This lease represents one of a
sector of leases we will be looking to acquire in the future. This
sector of interest will typically be older leases with wells that
are presently producing or can be made to produce. This type of
lease will have the acreage and formations that could produce a
steady flow of oil and/or natural gas. These leases will also give
us the opportunity to drill additional wells on existing acreage.
These types of wells are
generally considered "stripper wells", meaning they produce less
than 10 barrels of oil per day. However, a well that produces 5
barrels of oil in today's market will make a reasonably good income
stream for the company.
NESS is presently looking for
additional acreage and wells that fit in this sector.
More information about this
lease will be provided on this page in the future. Check back
periodically for updates.