Published: October 04, 2007
Blaze Energy Begins Drilling
Blaze Energy Starts Drilling First Well in Fayetteville Shale Play
Blaze
Energy Corp. (PINKSHEETS: BLZE), a majority-owned subsidiary of Environmental Energy Services, Inc.
(PINKSHEETS: EESV), announced today that drilling began in the Fayetteville
Shale play in late September.
Blaze Energy is an independent oil
and gas exploration and production company. Its principle asset is in
the Fayetteville Shale natural gas play, where it participates in over
45,000 gross acres of exploration. Blaze Energy believes that the
Fayetteville Shale field represents one of the most promising
unconventional gas finds in the United States.
"We are extremely excited and pleased that we have begun drilling on our
first well in the Fayetteville Shale play," said Dr. A. Leon Blaser, CEO of
Blaze Energy. "We expect to see significant positive results from this well
and others we have planned in the area."
Blaze Energy will release the results of the first well as they become
available. The operator of the field is analyzing core samples as drilling
continues, which will delay the release of results of this first well.
Results regarding future wells are not expected to take as long as the
first well.
About Blaze Energy
Blaze Energy (PINKSHEETS: BLZE) is a natural gas exploration and production
company actively engaged in the Fayetteville Shale gas project in Arkansas,
through working interests that it owns in acreage blocks in Van Buren,
Cleburne and Conway counties. For more information please visit
www.blazeenergy.net.
About Environmental Energy Services, Inc. (EESV)
Environmental Energy Services, Inc. (PINKSHEETS: EESV) is an independent
oil and gas exploration and production company. It acquires hydrocarbon
energy resources for development and production. Headquartered in Boise,
Idaho, EESV, through its holdings and subsidiaries, has resources and
projects throughout North America. For more information visit
www.eesvinc.com.
This press release includes forward-looking statements as defined in
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 relating to matters such as prospects, anticipated
operating and financial performance. Actual prospects and performance may
differ from anticipated results due to economic conditions and other risks,
uncertainties and circumstances partly or totally outside the control of
the company, including risks of production variances from expectations,
market volatility, the level of capital expenditures required to fund
ongoing drilling initiatives and the ability of the company to execute its
business strategy. These and other risks are described in the company's
reports filed with the United States Securities and Exchange Commission.
These forward-looking statements are made only as of the date of this
communication and EESV undertakes no obligation to update or revise these
forward-looking statements.
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