Independence Energy Corp. report that drilling has commenced at the Shields-MEI #105H Horizontal Well in Coleman County, Texas.
"The project operators and contractors have completed rig setup and have begun drilling the Shields-MEI #105H horizontal well in Texas. If successful, this is projected to potentially be the largest producing well that the Company has participated in to date," stated Mr. Gregory C. Rotelli, CEO and President of Independence Energy. "We have already received an initial written report from the well site that indicates that all systems are functioning as anticipated and that significant drilling progress has already been made. We plan to release further important progress updates direct from the well site as new relevant information is received."