Off the Radar.pk

[mick]

TNKY.PK - Nov 12, 2009 12:03 TN-K Energy Group Inc. Enters Into an Assignment of Oil and Gas Lease
TN-K Energy Group Inc. (Pink Sheets:TNKY) announced today that on November 6, 2009, the company entered into an Assignment of Oil and Gas Lease with two unrelated third parties which has resulted in the company acquiring a 27.5% revenue interest in 18 oil wells, together with a 27.5% interest of all equipment located on the wells, including tanks, well head and pumps, flow lines and all other equipment used to operate the wells. The wells, which were drilled between February 2008 and May 2009, are located on the J.R. and Pansy Clark Leases in the Exie Quadrangle in Green County, Kentucky. Current production on these wells is estimated at approximately 100 barrels per day. continued...