Kingslake Energy Inc. (fka KGLJ)

[dude iligence]

Here's a little something to add perspective:

Kingslake Energy Inc. Sets Ten More Locations
Thursday February 14

DALLAS--(BUSINESS WIRE)--Kingslake Energy Inc. (OTC: KGLJ - News) announces that it has permitted four locations and picked six others for a total of 10 natural gas well locations on its 20,000 acres of oil and gas leases located in the highly active Devonian Shale Area, in Morgan County, Kentucky.




Menifee County:
462 well records
Wells are shallow most @ or under 1,000 ft
A number are operated by Central Kentucky Natural Gas Co.


Morgan County:
598 well records
Many shallow wells 1,000 to 2,000 ft (lower drilling costs & make hole faster)
Additional deeper wells tapping production zones @ 2,000-2,500 4,300 7,500 ft
A number of gas wells drilled since Y2K


Wolfe County:
1,649 well records
Large gas field in southern part of county
Well depths 1,000 – 2,000 ft with many @ 1,000 to 1,500 ft
Additional wells at 44,00 – 5,000
A lot of drilling activity in 1984-1985 Ravenna Oil



Kentucky Petroleum Geology Map
Menifee Morgan Wolfe counties