Avanti Oil announces first phase and Re-Entry Project of oil drilling in Texas

Top Quote Avanti Oil and I.T. Kent Drilling is pleased to announce that the first re-entry, Well # 41, is open, on-line, and pumping oil to the tanks, Re-Entry Project I currently operating in Texas. End Quote
  • (1888PressRelease) March 25, 2011 - Texas, United States of America - Avanti Oil, the lease owner of the I.T. Kent Drilling & Re-Entry Project I currently operating in Texas, is pleased to announce that the first re-entry, Well # 41, is open, on-line, and pumping oil to the tanks.

    Per the project operator, Trinidad Oil and Gas, "The well has pumped as much as 14 bbls a day in the initial test period."

    Trinidad is already proceeding to set up equipment for additional re-entry wells with similar, if not better, results expected. With the current global state of the oil markets, we believe there isn't a better time than right now to be investing in this type of project whereby you can maximize your returns with the climbing price of oil.

    We also believe our clients are in the best position to do that as our operators have now proven they can get positive results from these wells and are in the right location to achieve positive results for years to come.

    For more information:
    Avanti Oil Company, Inc.
    World Trade Center Suite 12-A
    Panama City, Panama.
    info ( @ ) avanti-oil dot com
    Tel: + (507) 836.5796
    EU: +44 (0) 808.189.1065
    USA Direct: +1.954.671.0026

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