Superior Oil &Gas Company (fka SIOR)

[WildcatDriller]

I can also update that. Superior's Gushers Club has funded the 6th well and Devon is currently drilling it as I am posting this. Superior currently has 9 other sections that are being spaced and pooled at this time and are accepting investment. These nine sections with Devon will give Superior exposure to 108 new Devon Horizontal wells. It is my understanding that these initial 8 wells will all be drilled this summer. This gives Superior a total of 180 Devon wells over 15 sections.

I also heard, but is not verified that Superior has 25 new sections with another major operator that they can participate in. At 12 wells a section, this adds up quick.. 4 Mississippi Lime, 4 Woodford Shale and 4 Hunton Lime. These formations have all been spaced at this time covering Superiors area of operation.

There is going to be a lot of crow eaten here until the summer is done.