Armada Oil Announces Rig Contract for the Bear Creek #1

Working oil pumps
Source: DollarPhotoClub

Dallas-headquartered Armada Oil Inc., an oil and gas exploration and production company, today announced that Frontier Drilling’s Rig #6 has been contracted for the drilling of the Bear Creek #1 in Carbon County, WY. The Company expects move-in and rig-up to begin on July 7th with commencement of drilling operations to begin shortly thereafter.

The drilling of the Bear Creek #1 will not only test deep conventional zones with significant potential but will also provide valuable data on the quality and potential of the Niobrara Shale on the project acreage. The Anschutz Ranch #1 well, located about 3/4s of a mile southwest of the Bear Creek #1 location, has produced approximately 970,000 barrels of oil on a subsurface structure that shows similar traits to the Bear Creek #1 target.

The Company holds a 100% working interest in this project.

“We are highly optimistic about the deep conventional zones in this location and look forward to getting underway. Frontier has a great reputation for safety and reliability and we are pleased to be working with them on this project,” said Randy M. Griffin, CEO of Armada Oil, Inc.

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