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Friday, 07/25/2014 8:03:29 AM

Friday, July 25, 2014 8:03:29 AM

Post# of 70628
Santa Rosa Resources is currently engaged in a Reg. D, rule 506(c) joint venture offering to fund the drilling of ten wells on the Kreyenhagen Trend leases owned by Grid Petroleum. Santa Rosa Resources' CEO stated, "We are looking forward to drilling five wells into the shallow Temblor Formation as well as five into the Kreyenhagen, Avenal and Monterey Shale Formations. We are hoping to produce between 2,000 and 3,000 barrels a day from the wells once the drilling program is completed."
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