ASPN.OB: so they decided to search for oil now? interesting.
Aspen's other 7 wells are expected to be located in the Rice Creek (4), Denverton Creek (2), and various (1) other gas fields. Aspen also intends to drill a deep, high potential oil well in Kern County which, if successful, could lead to multiple additional drilling locations. Although the majority of these wells will be conventionally drilled, a few of them will be drilled horizontally. The actual timing and drilling of these wells will be contingent on permits and drilling rig availability.
