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Jayhawk Energy (JYHW) has now added 500+ drilling locations to its growing land dominance in the Cherokee Petroleum Basin of Kansas -- all Fagan Report readers should jump on this one immediately right at the $2 per share level. Jayhawk Energy has already announced up to 163 Billion cubic feet of natural gas potential from its adjacent Uniontown Prospect, which can be valued above $1.45 Billion at current nat-gas prices. The company has also entered into an agreement to acquire a 100% working interest in a key 16-mile pipeline, thus giving Jayhawk even greater control of this emerging area play.
This most recent acquisition significantly adds to Jayhawk’s current acreage in the Uniontown project area bringing the total number of drilling locations to 4,100 with a net interest of 100 percent to the company. Jayhawk is set to begin drilling its expansive natural gas targets at very shallow depths between 75 to 500 feet, which means this enormous estimated natural gas pool can be reached quickly and at far lower drilling and completion costs than traditional wells. The company also just acquired the 15,500 acre Candak Oil Prospect located in the Williston Basin of North Dakota alongside major producers Marathon Oil and ConocoPhillips.
Jayhawk Energy has all indicators of being a fast mover, so act quickly to establish your JYHW share position at current price levels right at the $2 range. I also encourage you to call Jayhawk Energy at 877-321-4295 and to visit the company online at www.JayhawkEnergy.com. << HOME PAGE | ARCHIVES >> |