TN-K Energy will be the operator of the well and expects to begin drilling operations within the next ten days.

Ken Page, president of TN-K Energy, said: “I am very excited to begin drilling on this lease acquisition. The company owns 20% net interest in these wells at no initial cost per well location. This is another step forward in becoming one of the area’s leading producers of oil and gas.”

Earlier this month, the company completed the 10 well checkerboard lease acquisition on the JR Clark lease in the Exie Quadrangle with Americas Energy, Travis and Mitchell Coomer.

TN-K Energy is an independent energy company with operations in Tennessee and Kentucky.