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Marksmen Energy enters into a JV agreement with Houghton Investments


Published Jun 26, 2014
Marksmen Energy Inc.

Marksmen Energy Inc. has entered into a joint venture agreement with Houghton Investments LLC whereby Marksmen will acquire a 50% working interest in a well on a lease of approximately 50 acres in Morrow County, Ohio, by paying 50% of the drilling and completion costs.

In addition to the first well, Marksmen has an option to participate in a second well under the same terms and conditions.

The target is a Cambrian Knox formation that Houghton delineated by using three dimensional seismic technology.

Tags: Marksmen Energy Inc.




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