Press Releases from Arenal Energy Corporation (2 total)
Arenal Energy Corporation Seeks Austin Chalk/Eagle Ford Shale Oil Opportunities
Arenal Energy Corporation, an independent exploration, development and production company that evaluates and acquires undervalued oil and gas leasehold property interests, announced today that it is seeking oil reclamation and production opportunities in the Austin Chalk geologic formation, which extends through Texas into Louisiana and overlays the Eagle Ford shale formation.
With oil prices rising, extracting peak production from aging oil wells has become increasingly profitable, while new ecologically-friendly oil recovery…
ARENAL ENERGY CORPORATION SEEKS PERMIAN BASIN OIL OPPORTUNITIES
SCOTTSDALE, AZ, May 24, 2011 — Arenal Energy Corporation, an independent exploration, development and production company that focuses on acquiring existing onshore low-producing wells and using modern enhanced oil recovery techniques to maximize oil and gas production revenues, announced today that it is seeking oil reclamation and production opportunities in Texas’ Permian Basin and Mid-Continent Oil Field.
The Company can move quickly to analyze and acquire undervalued producing oil and…
