Marksmen Energy Inc. (MKSEF)

[Almost A Myth]

News out Dec 11, 2017 Operational Update:

https://www.otcmarkets.com/stock/MKSEF/news/Marksmen-Announces-Operational-Update?id=177748&b=y

0.1580.019 (13.67%) at Dec 11, 2017Real-Time Best Bid & AskNo Inside Bid/Offer
OTC Disclosure & News Service
« Back to News Headlines Share on Facebook Share on Twitter Share on LinkedIn
Marksmen Announces Operational Update

Dec 11, 2017
OTC Disclosure & News Service

-

CALGARY, Alberta, Dec. 11, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) and its wholly owned subsidiary, Marksmen Energy USA, Inc., announce the following update on wells in Ohio, USA.

Hocking County - On November 27, 2017 Marksmen announced that it had entered into an agreement to acquire a 40% working interest (“WI”) in a horizontal well drilling program operated by Hocking Hills Energy and Well Services LLC (“HHE”), targeting the Clinton Sandstone formation. Today, Marksmen is announcing that it has agreed to acquire an additional 20% WI from HHE to increase Marksmen’s WI share in the well to 60%. The access road and drill pad are currently under construction and nearing completion. The drilling rig is expected to be on location in approximately one week and we anticipate running in approximately 500 feet of 9 5/8 inch surface casing and cementing it to surface on or before December 24, 2017. Immediately after the Holiday season, drilling will continue to the well’s target depth of 2,900 feet and then a horizontal section of 3,000 feet in the Clinton Sandstone formation.

Marksmen is also currently evaluating offset drilling opportunities on its current land position as well as other lands that have been made available to us from existing partners in Ohio.

For additional information regarding this news release please contact Archie Nesbitt, CEO and President at [phone] e-mail [e-mail]

$MKSEF