$XNRG news from Wed Aug 28th Xun Energy Releas
Post# of 2009
Posted On: 08/30/2013 10:13:38 AM
$XNRG news from Wed Aug 28th
Xun Energy Releases Videos of Rice Lease Drilling Activity
PORTLAND, OR--(Marketwired - Aug 28, 2013) - Xun Energy, Inc. (OTCBB: XNRG) (XNRG) announced the Company has posted on its website two documentary videos recording stages of work on the Rice Lease in Venango County, Pennsylvania.
The first documentary video, June 24, 2013 - August 6, 2013, documents the work completed on the Rice Lease for the 5 oil well pads, the tank battery, the surface roads and repairs to the surface roads from the water accumulation due to heavy rains during June and July with a final report documenting site pad and road completions.
The second documentary video, August 21, 2013 to August 26, 2013, documents the daily site activity starting with the arrival of drilling supplies, to the drilling and cementing process ending with the completion of drilling and sampling on August 26, 2013.
Both videos may be viewed by visiting our website: www.xunenergy.com.
"This is a major milestone for the Company in that it puts us on the verge of oil revenues," stated Jerry G. Mikolajczyk, President and CEO.
Our operator, Vencedor Energy Partners (VEP), completed the drilling, casing and cementing of our first oil well of a 30 well drilling program. Rice oil well number 15 was drilled to the Target Depth of 1,050' on the Rice lease on August 26, 2013. Samples were taken during the drilling program for analysis. Petroleum odors were emitted at the 720', 745', and 915' levels of the wellbore, indicating oil presence at these depths.
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