The lease is comprised of 191 acres and has seven open hole wells which are in very close proximity to the wells on the Tom Davis lease.
Cambrian president Alex Ipanag said after the company received the exceptionally good bail test results from the Tom Davis lease it made immediate efforts to tie up any sizable neighboring parcels of land.
"This is a major step toward our goal of establishing a large leasehold in this immediate area," Ipanag said.