Galloway Energy Inc. (fka GWGI)

[frankie9251]

next press release will say: gwgi, galloway energy announces progress at the west texas gas well. The well had experienced some problems with the high BTU levels in the past and had been shut in. Work is progressing on the well to prepare it for the production phase. galloway energy is anticipating production revenues from this well for well into late 2009.



Management has been, for some months now, working closely with our operator, has set in a compressor to enable the operators to tie in the lines from the texas lease. There will be several other lines from other wells in the surrounding area coming into this compressor to achieve a blending process.



galloway energy has engaged the issue from Federal Regulators regarding the mandate on maintaining BTU levels of 1100 or less and has come to a resolution. They will be "Blending" the gas from the Lease with other wells in the area to achieve a lower BTU level and allow sales to begin.