Pegasi Energy Resources Corp., an East Texas based oil and gas exploration and production company headquartered in Tyler, Texas, reported the commencement of drilling on January 28th of its Morse Unit #1 well in Cass County, Texas.
The Morse Unit #1 well will target oil bearing sands and limestones using horizontal drilling and dynamic fracturing techniques. It is the first horizontal well in the drilling program of the Company's Cornerstone project.
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Pegasi Energy Resources Corp.
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