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Re: BogeyMan post# 407

Monday, 04/18/2011 2:46:28 PM

Monday, April 18, 2011 2:46:28 PM

Post# of 8900
Anybody look up how much gas Knox has pumped from these wells? Production levels? Expense to get them producing again and stated in "the next several months"?

<<LORTON, Va. and KNOX COUNTY, Ky., April 18, 2011 /PRNewswire/ -- Next Generation Energy Corp. (OTC:NGMC.ob - News), (Nexgen), today announced that it has acquired all the membership interests of Knox Gas, LLC, the owner of 10 drilled and completed gas wells in Knox County, Kentucky, for a purchase price of $500,000.

"We now own a lease of 100 acres, containing five drilled wells, a lease of 20.2 acres, containing two drilled wells, and a lease of 400 acres with three drilled wells," said Darryl Reed, Next Generation Energy CEO. We anticipate that the wells will be online and producing gas within the next several months.
>>