Oil drilling begins at Liberty #1 in Utah

Source: Nostra Terra Oil & Gas Company

Drilling has begun on the Liberty #1 exploratory well in the Utah Overthrust, Juab County, Utah.

The Liberty prospect lies on the Paxton thrust, six miles west of the Gunnison thrust where Wolverine Gas & Oil has made two major overthrust oil discoveries.

On March 31, 2010, Nostra Terra Oil & Gas Company announced that it had acquired a 7% working interest (WI) before payout and 5% WI after payout in the Liberty #1 well.

Other participants in the Liberty #1 well are Hewitt Petroleum, Inc (HPI), which is also operator of the well, and Freedom Oil & Gas, Inc.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs