Oil and Gas Company Seeking Capital for 1,000-Acre Oil Play
November 1, 2012- Share:
Industry:
Metals, Minerals and Mining
Seeking:
Growth Equity
Contact Firm Name:
EJ Grace LLC
The company is acquiring multiple oil and gas leases to develop and drill sites in four productive intervals, including Fort-Payne, Laurel Dolomite, Sunnybrook and Knox Dolomite. The expected payback on a capital expense of $1.5 million per ten wells is less than one year.
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