Arkose Energy (RKOS-OTC) to be Featured on National Radio and Webcast Show "Your Money's Worth" on Beasley Broadcasting
The long running two hour special features upcoming companies with rapid growth and provides the special guests an opportunity to address key issues and the long range plans of their respective companies
SAN ANTONIO, Tex., Jun. 26, 2015 /PRNewswire/ --Arkose Energy Corp. (OTC: RKOS) is an aggressive oil and gas Junior company that is focused on acquiring undervalued properties, using the All in one step philosophy technical expertise and JV strategic partners. Arkose Energy Inc. focus is acquiring marginal properties, utilizing in house drilling equipment and water disposal technology. Our approach is to maximum production with the minimum expenditure, thus utilizing drilling and service equipment as well as treating contaminated well water on site, thus eliminating high trucking and disposal costs.
Arkose Energy Inc. is currently reentering 45 well bores with the objective of stimulating the formation, thus increasing the flow of liquids and hydrocarbons the newly acquired leases are in Eastland County, Texas, and cover 277+/- acres.
Trace Maurin, CEO of Arkose remarked, "We are excited about this transaction and look forward to continuing to build a strong base of production in this region. While the current production is small, there are 45 wellbores to re-work with a modest CAPEX expenditure. As these wells are shallow, the operating expense will also allow us to operate them economically returning a higher ROI. We anticipate production when fully operational to produce in the 40/60 BOPD. Additionally, we feel that there may be deeper zones available for us to drill and develop and tap into new formations and reserves. Our immediate focus will be to acquire properties with similar characteristics offering immediate upside potential and shareholder value."
About Arkose Energy Corp.
Arkose Energy Corporation is engaged in oil and natural gas exploration, production and acquisition, primarily in Louisiana, New Mexico, Oklahoma, Texas and Wyoming.
This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Any such projections or statement reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. A discussion of important factors that could cause actual results to differ from those projected, such as decreases in oil and gas prices and unexpected decreases in oil and gas production is included in the company's periodic reports filed with the Securities and Exchange Commission (at www.sec.gov).
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SOURCE Arkose Energy Corp
Released June 26, 2015