American Oil & Gas Inc. (NYSE Amex: AEZ) announces that drilling
operations have commenced on American's Ron Viall 1-25H well located in
156N-98W Sections 24 and 25 in Williams County, ND. The well is currently
drilling at an approximate vertical depth of 10,930' and a measured depth
of 11,080'. Casing has been set around the curve and current operations
are focused on drilling the planned 9,000' lateral in the Bakken
formation. The Ron Viall well is spaced on 1,280 acres. American owns a
95% working interest in this well.
The Tong Trust 1-20H well, located in Sections 17 and 20 of T157N-R96W,
Williams County, ND, is scheduled for completion operations to commence in
early March. This well is being drilled, completed and funded under the
terms of a previously announced participation agreement. The casing, and
the associated completion assembly have been set which will facilitate up
to 26 fracture stimulation stages in the Bakken formation.
One more well in production.
Feb 25 · 9:05:00 PM · Source: Company Press Release
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