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Signature's first drilling prospect scheduled for early 2010


Published Jan 5, 2010
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Signature Exploration and Production Corp.

Signature Exploration and Production Corp. has plans to begin drilling operations in the Company’s Victoria County, Texas “Koliba” prospect (the “Prospect”) in early 2010.

The Prospect has proven, but undeveloped, reserves that are located in the North McFaddin Field, which, according to Texas Railroad Commission maps and records, hosts 87 productive oil and gas zones.

This low risk prospect targets 3 Frio Sand target zones.

Company President and CEO, Steven Weldon, stated, “Moving forward with our first drill stage prospect is creating a great deal of excitement and we look forward to continuing our strategy of participating in what we believe are low risk/high reward prospects.”

Tags: Signature Exploration and Production Corp.




   

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