Published: July 02, 2010
Superior Oil and Gas Co. Acquires Its Third Additional Well in Logan County, Oklahoma
Superior Oil and Gas Co. (OTCBB: SIOR) has acquired the Lewis #1 well in Logan County, Oklahoma. "This further expands Superior's resources in the Wolf Creek prospect's surrounding area," announced Dan Lloyd Jr., Vice President of Superior. "Based on our experience in Wolf Creek, we believe this addition to our Logan County properties will advance our ability to develop specific producing zones that we know to exist. This acquisition should help us toward the goal of achieving significant profitability while, at the same time, maintaining manageable risk factors," Lloyd added.
About Us
Superior Oil and Gas Co. is an independent oil and gas developer and producer. It is looking forward to pursuing new joint ventures that will exploit unique oil & gas drilling and work-over opportunities. It has accumulated various oil and gas properties in Oklahoma and Texas.
This Press Release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect", "anticipate", "believes", "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Superior's ability to successfully acquire resources and produce its resources among other issues. We undertake no obligation to publicly update any forward-look statements for any reason, either if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements.
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