(COMTEX) B: Sun River Energy, Inc. Announces Completion Work to Begin on N B: Sun River Energy, Inc. Announces Completion Work to Begin on New Mexico Wells
WHEAT RIDGE, CO, Nov 30, 2007 (MARKET WIRE via COMTEX) -- Sun River Energy, Inc. (OTCBB: SNRV) announces that it has retained the services of Halliburton to provide perforation, cementing and logging on the Myers #3 well in Colfax County, New Mexico and perforation in 15+ coal zones on the Myers #1 and #2 wells on its lease acreage in the Raton Basin and work has commenced. Sun River Energy believes that the perforations in the Myers #1 and #2 wells will provide test results of the Raton formation gas production noticed during open hole in the drilling stages of these wells. The company has identified multiple zones in each of the wells with potential for production based upon existing logs. The intent is to test production ability and gas quality. If successful, further stimulation will be planned in those zones. If not successful in producing, the company will move to test the multiple lower zones in the Vermingo formation from which several thousand wells produce in the Raton Basin to the west.
About Sun River Energy, Inc.
Sun River Energy, Inc. is a development stage company, engaged in the exploration and development of oil and gas properties in the United States. Sun River Energy's objective is to seek out and develop opportunities in the Oil and Natural Gas sectors that represent a low risk opportunity. As well, Sun River aims to define larger projects that can be developed with joint venture partners. Sun River is confident that these viable opportunities exist in a sector that holds long-term fundamental growth opportunities.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. Contact: Sun River Energy, Inc. Tom Nelson Investor Relations 1-480-326-8577 www.sunriverenergy.com
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