Jan 31 2011
Black Hawk Exploration (OTCM: BHWX) has announce it has received approval of its Notice of Intent to Drill application filed with the Kansas Corporation Commission, Oil and Gas Conservation Division.
Val Energy will provide Black Hawk with the drilling rig for the operation and work will commence within 2 weeks on its oil and gas lease holding in Cowley County, Kansas. BHWX plans a 6 month, 20 well program on its approximately 3000 acres. Black Hawk will proceed with re-entry into the SELLERS #1(B) Well and extend the exploration depth to include the historically prolific Layton, Mississippi and Arbuckle zones.
"Historical production from the Layton Zone alone produced over 30 barrels of oil per day and we hope to match and exceed these numbers with the application of modern technology," stated Kevin M. Murphy, CEO.
A Slick Water Frac, to improve production, is scheduled and a decision regarding a horizontal drill program will be made within the next 2 weeks based our analysis of the Duel Induction, Compensated Neutro Density, Microresistivity and Borehole Compensated Sonic testing. BHWX has received approval from the Oil and Gas Conservation Division for a projected total depth of 3600 feet.
Black Hawk has mobilized lithium exploration with the expansion of its property acquisition budget. The Company's geologists have recommended 10 exploration sites. Our comprehensive lithium exploration criteria and target mapping for our 2011 expansion will allow us to proceed with the staking and exploration of multiple new lithium opportunities for BHWX.
Source: Black Hawk Exploration