North American Energy Takes 25% Interest In Two Wells
September 25, 2009 (FinancialWire) — North American Energy Resources, Inc. (OTCBB: NAEY) has acquired additional production income with the acquisition of two wells producing a total of 5 BBPD.
“The company is in an acquisition mode to increase our daily oil production on selected properties within our area of interest in Washington County, Oklahoma,” stated Ross Silvey, president of North American Energy Resources, Inc. “Decreasing drilling and completion costs are also making mineral lease prospects more attractive,” he added.
North American Energy Resources, Inc. is an oil and gas development company focused on building a diversified portfolio of valuable oil and gas assets in the United States.
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