Published: March 15, 2010
JayHawk Energy Inc. Reaches Total Depth on First Drilling Target
POST FALLS, Idaho - (BUSINESS WIRE) - JayHawk Energy, Inc. (OTCBB: JYHW) announced that it has
completed the drilling portion, and reached a total depth of 6370 feet,
on the first of the Company's two vertical wells of its previously
announced development drilling program in the Crosby field located in
Divide County, North Dakota.
The Company reports that this initial well will be immediately cased for
production and completion operations will begin once the casing has been
set and the drilling rig has been moved to the site of the Company's
second drilling location; Jenks #1. Additional information will be
announced once full evaluation of the initial well has been completed.
JayHawk's President, Marshall Diamond-Goldberg commented, "We are
pleased with the initial results as determined by sample analysis and
gas readings in the zone of interest and are looking forward to
completing the well and assessing its production potential."
About JayHawk Energy, Inc.
JayHawk Energy, Inc. is a managed risk, oil and gas
exploration/exploitation, development and production company with
activities focused on two major projects in the Cherokee Basin, Kansas
and the Williston Basin, North Dakota. For more information please visit www.jayhawkenergy.com.
Cautionary Note to U.S. Investors -- The United States Securities
and Exchange Commission permits oil and gas companies, in their filings
with the SEC, to disclose only proved reserves that a company has
demonstrated by actual production or conclusive formation tests to be
economically and legally producible under existing economic and
operating conditions. We use certain terms in this press release, such
as probable, possible and potential, that the SEC's guidelines strictly
prohibit us from including in filings with the SEC. U.S. Examples of
such disclosures would be statements regarding "probable," "possible,"
or "recoverable" reserves among others.
Management hopes these transactions will bring additional value to the
shareholders of JayHawk Energy. There is no guarantee that the projects
that JayHawk has recently acquired will increase the value of its shares
of common stock, or that JayHawk will acquire rights to explore and
operate any other such projects, or that in the event that it acquires
rights to explore and operate other such projects, that these actions
will be successful or increase the value of JayHawk's common stock.
This press release may contain forward-looking information within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934, and is subject to the safe harbor
created by those sections. There are many factors that could cause our
expectations and beliefs about our plans to acquire additional
exploration or production properties, our plans to drill or our drilling
results to fail to materialize: competition for new acquisitions,
availability of capital, unfavorable geologic conditions, the complexity
of coal bed methane exploration and production, and prevailing prices
for natural gas and general regional economic conditions. JayHawk
assumes no obligation to update the information contained in this press
release.

Gross Capital, Inc. for JayHawk Energy, Inc.
Barry Gross,
361-949-4999
jayhawk@grosscapital.com
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