Donner #4 Completed as a Gas Producer
March 17 2014 - 8:00AM
Business Wire
Delta Oil and Gas (DLTA:OTCBB) is pleased to report that
the recently drilled Donner #4 well, located in Newton County,
Texas, has been completed as a gas producer. The well was recently
drilled to a total depth of 7510 feet at which time logs were run
and interpreted. The well has been initially completed in the 7400
Struma sand. The Struma sand is a known gas producer and has
produced prolifically elsewhere in the Field.
Following a short term successful gas to surface test, the well
was shut in pending the installation of surface facilities
necessary for gas sales. Equipment for production was ordered and
is expected to arrive next week at which time the well will be
opened for sales. The Company will advise of the flow rates once
the equipment has arrived and the well is opened. The well will be
operated by Hillcrest Resources Ltd. (HRH:CA).
Delta’s CEO, Christopher Paton-Gay, commented that “we continue
to deliver great value to the shareholders of the company, and will
work diligently to acquire and produce additional oil and gas
opportunities.”
About Delta Oil and Gas
Delta Oil is an exploration and production company focused on
developing North American oil and natural gas reserves. Delta Oil’s
current focus is on the exploration of its land portfolio comprised
of working interests in Newton County, Texas, South Central,
Oklahoma, and the North Sacramento Basin, California.
On behalf of the Board of Directors,
DOUGLAS N. BOLEN, President
Contact: Investor Relations at 1.866.355.3644
Cautionary Statement Regarding “Forward-Looking”
Information
Some of the statements contained in this press release are
forward-looking statements and information within the meaning of
applicable securities laws. Forward-looking statements and
information can be identified by the use of words such as
“expects”, “intends”, “is expected”, “potential”, “suggests” or
variations of such words or phrases, or statements that certain
actions, events or results “may”, “could”, “should”, “would”,
“might” or “will” be taken, occur or be achieved. Forward-looking
statements and information are not historical facts and are subject
to a number of risks and uncertainties beyond the Company’s
control. Actual results and developments are likely to differ, and
may differ materially, from those expressed or implied by the
forward-looking statements contained in this news release.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements,
except as may be required by law.
Delta Oil and GasInvestor Relations, 1-866-355-3644
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