Legend Oil and Gas Ltd. has completed Phase 1 of its multi-well drilling program at the Company's Piqua Property in south eastern Kansas.

Marshall Diamond-Goldberg, President of Legend Oil and Gas stated, "Results from the first four wells are very encouraging as all encountered thicker than anticipated oil-saturated Squirrel sand at the expected depths. We will likely test the upper Squirrel independently to determine its productivity capacity.

The upper Squirrel is productive elsewhere, but has not yet been produced in the Piqua area, and we believe this presents a potential production opportunity for the Company."

Tags: Legend O&G