Message #10 From:
QualityStocks.net Date: April 10, 2007 09:15:25 AM
Brighton Oil Attains Four New Gas Leases
Today,
Brighton Oil announced that the company has obtained approximately 231 acres
distributed in 4 producing gas leases located in Wise County, Texas.
The area is extremely productive and is commonly known as the Barnett Shale.
Brighton plans to enhance the production of the area by going up
to larger formations, and by performing fracs on additional gas producing
zones. After the operation the production is expected to triple. The
President of Brighton Oil, Sam Plunkett, stated that the acquisition will allow
the company to enter a highly productive area with little risk, in addition to
being able to expand production through cost effective technology.
