Miller Energy Resources Announces $25.5 Million Drilling Program
2009年4月14日 - 4:16AM
PRニュース・ワイアー (英語)
HUNTSVILLE, Tenn., April 13 /PRNewswire-FirstCall/ -- Miller Energy
Resources, LLC (OTC:MILL) (BULLETIN BOARD: MILL) announced here
today it has initiated a $25.5 million drilling program on company
leases in Scott County, Tennessee. According to Miller CEO, Scott
Boruff, "The drilling program consists of up to 16 horizontal wells
and 14 vertical wells to test three reservoir targets, including
gas in the organic rich Chattanooga shale. Secondary targets are
the Mississippian Age "Big Lime" and the Fort Payne formation."
Funding for the program is via private placement memorandum. The
managing Broker Dealer is Empire Securities Corp., Universal City
California. This news release shall not constitute an offer to sell
or the solicitation of an offer to buy interest in this offering.
Miller Energy Resources, formerly Miller Petroleum, Inc., is an
independent crude oil and natural gas exploration and production
company focusing on the Appalachian Basin. Additional information,
including the Company's annual report on Form 10-K and its
quarterly reports on Form 10-Q, can be accessed on its website at
http://www.millerenergyresources.com/. "Safe-Harbor" Statement
Under the Private Securities Litigation Reform Act of 1995: This
news release may contain forward-looking information within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of
Miller Energy Resources to differ materially from those implied or
expressed by such forward-looking statements. Miller Energy
Resources assumes no responsibility to update the information
included herein for events occurring after the date hereof. Actual
results could differ materially from those anticipated due to many
factors, including political or economic risks. For more
information, visit the Miller Energy Resources website at
http://www.millerenergyresources.com/. DATASOURCE: Miller Energy
Resources, LLC CONTACT: Scott M. Boruff of Miller Energy Resources,
LLC, +1-423-663-9457, Fax: +1-423-663-9461 Web Site:
http://www.millerenergyresources.com/
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