Velocity Energy Inc

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Revision as of 03:04, 14 October 2009 Tcopley (Talk | contribs) (Velocity Energy positioning for Marcellus shale drilling in WV) ← Previous diff		Current revision Tcopley (Talk | contribs) (fix-up)
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-	Houston, Texas-based '''Velocity Energy Inc.''' (OTCBB: VCYE) was reported to have purchased 13,500 acres of underdeveloped oil and gas leases in [[West Virginia]]. These wells are from several producing zones including the [[Huron shale]]. Most of the company's activities appear to be in the upper Devonian horizons. However, the company plans to position itself for [[Marcellus shale]] drilling in the future.	+	{{Stub}}
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		+	Houston, Texas-based '''Velocity Energy Inc.''' (OTCBB: VCYE) was reported to have purchased 13,500 acres of underdeveloped oil and gas leases in [[West Virginia]] as part of a farm-out and joint operating agreement with the seller.. The property presently has 91 natgas wells with production in excess of 2 Mmcf/d.
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		+	These wells were from several producing zones of ''Devonian shale'' including [[Huron shale]]. Most of the company's activities appear to be in the upper Devonian horizons. However, the company plans to position itself for [[Marcellus shale]] drilling in the future.
	* Don Vandenberg is the company President.		* Don Vandenberg is the company President.

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Houston, Texas-based Velocity Energy Inc. (OTCBB: VCYE) was reported to have purchased 13,500 acres of underdeveloped oil and gas leases in West Virginia as part of a farm-out and joint operating agreement with the seller.. The property presently has 91 natgas wells with production in excess of 2 Mmcf/d.

These wells were from several producing zones of Devonian shale including Huron shale. Most of the company's activities appear to be in the upper Devonian horizons. However, the company plans to position itself for Marcellus shale drilling in the future.

• Don Vandenberg is the company President.