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Hedge Starz

03/20/13 9:42 AM

#506 RE: GEM #135

Gem you see this? UMKR Penetrates Oil And Gas Sector
BELLINGHAM, Wash., March 7, 2013 /PRNewswire/ -- U.S. Mine Makers, Inc. (OTC Pink: $UMKR) The company is pleased to announce its working interest position in Danick Resources' current drilling project, the "Freedom 1 & 2 Joint Venture". UMKR has secured the option to participate in a working interest position in the Freedom 1 & 2 Joint Venture over the coming weeks ahead. The Freedom 1 & 2 Joint Venture managed and operated by Danick Resources, Inc. consists of one re-drill of existing and current production and one new drill higher on structure with a 40 foot net pay zone. Both wells will be drilled to a total depth of 9550' located in the very prolific region of the United States known as the Anadarko Basin. Existing wells surrounding the Freedom 1 & 2 that have been produced from the same zones have I.P'd (Initial Production) from 120 to 809 barrels of oil a day and between 2MM to 7MM cubic feet of gas a day.) Companies that are producing from this region include Exxon, Chesapeake, Apache, Sand ridge and many others. Roy Bosa, President of U.S. Mine Makers says, "This is a very exciting opportunity for the shareholders and the company, not only for the current production aspect but the big names operating in the region." $UMKR