News Focus
News Focus
Followers 3160
Posts 967883
Boards Moderated 152
Alias Born 09/04/2000

Re: was WALL STREET KID post# 3542

Thursday, 12/27/2007 9:51:23 AM

Thursday, December 27, 2007 9:51:23 AM

Post# of 52329
this is a good article. Detailed Quote for WW Energy Inc. (WWNG)
$ 0.0119 0.00 (0.00%) Volume: 21.0 k 9:30 AM EST Dec 27, 2007

RE:
WW Energy Updates Information on Three Wells in Borden County, Texas

FARMINGTON, N.M., Dec 27, 2007 (BUSINESS WIRE) -- WW Energy Inc. (Pink Sheets: WWNG) reported today the two wells have produced in excess of 46,000 barrels of oil. The porosity shows better going toward the west. The Swepi Gray is across the road due west of the Gray property; they border each other. We plan to set a directional shoe in wells #1 & #3 and implement a blast cutting tool that will cut a 4.5 inch horizontal hole in four different directions (four 50-foot horizontal legs). The blast cutting tool will increase and expose more of the formation's face and producible area. The current formation production zone is 40-50 feet thick, per well, the procedure will render approximately 200-250 feet thick.
Total present Borden County field statistics and R.R.C. district 8-A September 2007 production totals 9.3 million barrels of oil and 1.85 BCF of gas per month.

After reworking of wells, we estimate production to be 20-50 barrels per day each.

Today's oil price is approximately $90.00 per barrel. Gas price is approximately $6.00 per 1000 CF.

WW Energy Inc. is a holding company that was created to acquire oil and gas service companies, as well as oil and gas-related assets.

Forward-Looking Statements

A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including, but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.

SOURCE: WW Energy Inc.




CONTACT: WW Energy Inc., Farmington




Caspermick

"TOUGH TIMES NEVER LAST BUT TOUGH PEOPLE DO."


God Bless America

In Gambling,,,Playing Card Games. Ya Never Know What The Next Hand Will Look Like.
Ten Bagger Potential Stock

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today