TN-K Energy, an independent energy company with operations in Tennessee and Kentucky, has said that the drilling has been completed on five more well locations on the JR and Pansy Clark leases in Green County Kentucky, bringing the total to seven new locations since these leases were acquired in February 2010. Oil was struck in all five of the new locations.
The company said that oil was struck in the Pansy Clark well # P33 and JR Clark wells #135 and # 136 in the Murfreesboro formation at between 1300ft and 1400ft. In addition, oil was struck in the JR Clark wells # 128 and # 116 in the Knox formation between 1500ft and 1700ft.
The company added that it is in the process of testing and completing these wells. All of these wells look very promising and the company feels that the production has improved substantially.
The company claimed that it has achieved success on these leases thus far and have approximately 50 more locations to be drilled.