The Management Board of Activa Resources AG announces that its wholly-owned US subsidiary, Activa Resources, LLC, has put its third Hidalgo Frio well (SWGU No. 37) on production. The well is currently producing approximately 1 MMCFD on a limited choke. Activa’s initial working interest in this completion is 25% vs. the earlier stated 12.5%.

The Hidalgo Frio project in Hidalgo County, Texas is a key producing asset for Activa. Activa and its partners have identified over 20 BCF of recoverable natural gas reserves from the seismic study conducted on the field and drilling to date. Activa began drilling operations in 2005 and the first two wells (SWGU No. 35 and 36) remain on production. Activa plans to drill additional wells to increase the cash flow from the project and to test additional objectives which could add additional recoverable reserves to the project.

Activa’s CEO Leigh A. Hooper adds: “The Hidalgo Frio Project has already generated over USD 1 million in production revenues to Activa and potentially represents over USD 20 millions in future net revenue. After some technical setbacks we have achieved an excellent drilling result.”