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Re: PoemStone post# 527

Wednesday, 07/11/2012 6:26:16 PM

Wednesday, July 11, 2012 6:26:16 PM

Post# of 1344
*UNGS*

the acquisition would add 40 producing natural gas wells and 9000 acres of mineral rights leases to its current portfolio bringing the total to 162 natural gas wells and 21,000 acres of mineral rights under lease all within the same county. The 40 natural gas wells produce on average 5000 MCF per month. Management projects this level of production to increase by 50 percent after each of the wells is addressed under a water maintenance plan.



http://www.otcmarkets.com/stock/UNGS/news/US-Natural-Gas-Corp-Looks-to-Expand-Its-West-Virginia-Operations-through-Acquisition-of-Gas-Company?id=49984&b=y


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