Viking Energy Group, Inc.
The Notices were filed with the Kansas Corporation Commission, Oil & Gas Conservation Division (the “KCC”), by S&B Operating, LLC on behalf of Mid-Con Drilling, LLC (“Mid-Con”), one of Viking’s wholly-owned subsidiaries, and relate to the proposed drilling of a combination of producing wells (oil) and water injection wells on certain of Mid-Con’s leases in the Counties of Douglas, Franklin, Miami and Allen in Eastern Kansas.
The effective date of the Notices is August 19, 2018, and the estimated spud dates of the wells range from August 19th to September 12th, 2018, which may change depending on weather, availability of drilling rigs and other conditions.The estimated depth of the proposed wells ranges from 700’ to 1000’, and the producing wells will target Squirrel sands, a sandy zone in the upper part of the Cherokee shale.
S&B Operating, LLC is a subsidiary of Kansas Resource Development Company, a premier operating company in Kansas and Missouri, and its executives have decades of experience in the oil & gas sector, specializing in formulating and operating water-flood enhanced oil recovery programs.The Notices filed by S&B are made available for viewing on-line by the Kansas Corporation Commission through the website for the Kansas Geological Survey, University of Kansas (http://www.kgs.ku.edu/PRS/currentinfo.html).
Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in North America. The company owns oil and gas leases in Kansas, Texas, Louisiana, Mississippi and Alberta.Viking targets under-valued assets with realistic appreciation potential.
In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.