Posted in | News | Crude Oil / Petroleum

Bering Exploration Expands Leasehold at Singer Prospect

Oct 10 2011

Bering Exploration has announced that it has acquired an additional leasehold on its prospect located in Singer, Louisiana bringing the total leasehold to 320 acres.

This prospect will target five potential zones from 9,600' to 10,600' and has potential gross reserves of 1,300,000 barrels of oil. Bering currently owns a 100% working interests in this prospect.

"Now that we have completed the acquisition of this additional acreage we will begin the initial steps to prepare the drill site," stated Steven Plumb, VP of Finance of Bering. "We hope to begin drilling operations on this prospect during this calendar year."

SOURCE Bering Exploration

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