Aschere Energy COOLANGATTA Joint Venture Development (CJV)
Todd Gregory, 214 751 7333
Aschere Energy COOLANGATTA Joint Venture Development (CJV),
New Grassroots Directional drilling operations under Eagle Lake, Texas
Dallas, TX–(Press Release- Dec 16th, 2014) – Aschere Energy Inc.
We are excited to report the concluding construction phases for the surface location and are mobilizing drilling operations on our marquis property, the 3D-HD COOLANGATTA 4-Way Closure Prospect.
Forms have been filed and approved by the TEXAS RAILROAD COMMISSION under acting Industry Partner and Official Operator of Record, AURORA RESOURCES CORPORATION.
The Location has been staked in accordance with City, State, and Federal Law and under the guidance of the Texas Railroad Commission precisely marking the boundaries within our leasing borders as well as getting approvals granted via the County Commissioner and City Manager on location.
“Due to hard work, relationships with industry partners, and the advancement of 3- D Imagery, Aschere Energy is fortunate to have the opportunity to drill in this World Class Producing Region. The Deep Wilcox has proven itself to be one of the most prolific trends of oil and gas production on earth.” said Alex Parvizian CEO Aschere Energy
The grassy portions of the operations zone have been stripped and cleared and the underlying ground is drying as we prep for dirt and caliche delivery to help level and plain the location and make traversing the terrain easier on all equipment and vehicles moving on it as well as help preserve the environment itself. Proper notifications of land and mineral owners have been placed and any further permitting continues as we expect the water well to be drilled before the end of the week. Further location excavation and construction will conclude with oil and water pits being marked and dug in preparation for mobilizing the rig on site December 10th 2014 commencing Venture drilling operations.
When Venture Drilling Operations have commenced, we will have a satellite uplink for real time 24-hour Video surveillance of Operations which should be fully operational in the coming month(s).
For more information regarding Aschere Energy please visit its website: http://www.AschereEnergy.com
Aschere Energy’s integrated business model combines performance and responsibility within a strategic vision. Through the latest technology, coupled with sound business principles, disciplined oil and gas exploration and extraction has never been a more exciting commercial enterprise. Rooted in our General Partnerships, forward-looking technologies and applications allow us to merge revolutionary 3D digital imagery with advanced horizontal drilling and stimulation techniques to maximize their fullest ultimate potential. We can monetize strategic commercial reserves within the producing field while mitigating our managed risk threshold yielding more lucrative and sustained results with our Industry and Capital Partners.
The information above includes forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in the company’s filings with the Securities and Exchange Commission. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.