Home > Boards > US OTC > Delisted > Ias Communications A (fka IASCA)

IASCA IAS Communications, Inc. Announces Successful Gas Well

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Golden_Cross Member Profile
Member Level 
Followed By 2,816
Posts 67,247
Boards Moderated 54
Alias Born 10/05/05
160x600 placeholder
Drugmakers Accused of Causing Opioid Addiction in Trial
A lawyer for several large California communities accused four drugmakers of causing a deadly wave of opioid addiction with their aggressive marketing of pain pills, while defense attorneys said the firms followed the law, on the opening day of a trial closely watched by the pharmaceutical industry.
Harley-Davidson Hit With EU Tariff Ruling, Plans Appeal -- 4th Update
Tesla Crash Believed to Be Driverless Draws Investigation -- 3rd Update
IBM's Revenue Growth in Latest Period Beats Wall Street Expectations
Top Stories of the Day
Top Company News of the Day
Stocks Slide to Start the Week
Apple to Reinstate Parler, the App at Center of Free-Speech Debate -- 4th Update
Amgen Gets Breakthrough Therapy Designation for Advanced Gastric Cancer Treatment
IBM Reports Higher 1Q Revenue
Tech Shares Lead Major Stock Indexes Lower
USDA Crop Progress: Corn Progress-Apr 19
USDA Crop Progress: Winter Wheat Condition/Progress-Apr 19
USDA Crop Progress: Spring Wheat Progress-Apr 19
USDA Crop Progress: Soybean Progress-Apr 19
Soybeans Higher on Unfazed Demand
Tobacco Shares Fall After WSJ Reports US May Lower Nicotine in Cigarettes
Harley-Davidson Hit With EU Tariff Ruling, Plans Appeal -- 3rd Update
Southern Co. Boosts Quarterly Dividend by 2 Cents a Share
Apple to Reinstate Parler, the App at Center of Free-Speech Debate -- 3rd Update
Tesla Crash Believed to Be Driverless Draws Investigation -- 2nd Update
Existing Home Sales Seen Down, New Home Sales Expected to Rise -- Data Week Ahead Update
BMW Says Preliminary 1Q Earnings, Sales Grew on Price, Mix, Demand
Apple to Reinstate Parler, the App at Center of Free-Speech Debate -- 2nd Update
Credito Valtellinese Rejects Credit Agricole's Improved Takeover Bid
Harley-Davidson Hit With EU Tariff Ruling, Plans Appeal -- 2nd Update
Golden_Cross Member Level  Tuesday, 06/06/06 10:16:46 AM
Re: Major_Bankz post# 1
Post # of 52 
IASCA IAS Communications, Inc. Announces Successful Gas Well Completed in Kentucky
Business Wire - June 6, 2006 9:00 AM (EDT)

VANCOUVER, British Columbia, Jun 06, 2006 (BUSINESS WIRE) -- IAS Communications, Inc. (OTCBB:IASCA) (www.iasenergy.com) is pleased to announce it has been advised by Energy Source, Inc., the operator, that the Ken Lee #1 well has been successfully completed as a commercial gas well. The initial open flow tested 1.22 MCF of high BTU gas. The well was completed to a depth of 1410' in the Big Lime formation.

John Robertson, President and CEO of IAS Communications, Inc., states, "The successful drill results for the Ken Lee #1 gas well provides confirmation of a productive gas field in the Knox and Laurel counties, Kentucky."

Gas production is to be completed in two weeks to the nearby Delta Natural Gas Line.

Additional drilling to be announced in the same gas field as the Ken Lee #1.

IAS has an option to participate in up to 24 wells to earn a 100% working interest, subject to a 12-1/2% interest to the landowner and 27-1/2% interest to Energy Source, Inc., the operator of the wells. IAS has an agreement with Teryl Resources Corp. wherein Teryl can earn a 40% working interest in up to 24 wells in the Kentucky gas field.

About IAS Communications, Inc.

IAS Communications, Inc. has an interest in two producing oil and gas wells in Texas. The wells are operated by Anadarko Petroleum Corporation, which is one of the largest independent oil and gas exploration and production companies in the world.

ON BEHALF OF THE BOARD OF DIRECTORS

"John Robertson"

John Robertson

President

Statements in this press release regarding IAS Communications, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including the impact of competitive products and pricing, the need to raise additional capital, uncertain markets for the Company's products and services, the Company's dependence on third parties and licensing/service supply agreements, and the ability of competitors to license the same technologies as the Company or develop or license other functionally equivalent technologies.

SOURCE: IAS Communications, Inc.

IAS Communications, Inc.
John Robertson, 800-665-4616

Copyright Business Wire 2006


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences