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Triple Diamond Energy Corp. Strikes Oil

07-18-2008 01:35 PM CET | Energy & Environment

Press release from: Triple Diamond Energy

Triple Diamond Energy Corp

Triple Diamond Energy Corp

Triple Diamond Energy Corp., a Texas-based independent oil and gas drilling company, recently struck natural gas and oil at the McClure Diamond Well #3.

ADDISON, TX - Triple Diamond Energy Corporation (TDEC), an oil and gas drilling company based in Texas, recently struck oil and natural gas at the McClure Diamond Well #3 located in Garvin County, Oklahoma. When the well was opened, it produced at a flow rate of as much as 300-500 MCF with a half-inch choke. As fluid in the well began to build, a crew was brought in to swab the well to unload the fluid. The fluid was 100% oil and was being swabbed at a rate of 98 barrels of oil a day.

The McClure Diamond Well #3 is the third in a four well step-out drilling program at the southeastern extension of the Hoover field. Now that they have struck oil, Triple Diamond Energy Corp. will begin the process of completing and equipping the well so that the oil can be extracted and transported. It will then be processed into various types of consumer fuel.

"Oklahoma is one of the top natural gas producing states in the nation. Many of the largest oil and gas fields in the country are also found in the shelves and platforms of the various geologic basins of the state. This makes Oklahoma one of the major oil and gas exploration states in the country with annual production typically accounting for more than 3 percent of total U.S. production in recent years,” said Chris Jent, Chief Marketing Officer of Triple Diamond Energy Corp (http://www.triplediamondenergy.com).

Media Contact:
Chris Jent
5057 Keller Springs Road, Suite 425
Addison, TX, 75001
1-972-267-8600
http://www.triplediamondenergy.com

About Triple Diamond Energy Corporation: Triple Diamond Energy Corp. (http://www.triplediamondenergy.com) is a private corporation that was formed as an independent producer of oil and natural gas and is located in Dallas, Texas. The management team at Triple Diamond Energy Corporation has over 35 years combined experience in the successful operation of profitable business entities, including the oil and gas industries.

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