A Domestic
Oil & Gas Production
Growth Company
US Domestic Oil Gas Production Company CSLG
CONSOLIDATED OIL & GAS, INC.
Grelle #1 Well Update
January 28, 2007
"Successful results from this field have the potential to give us production and income that would move us from a micro-company to a medium sized oil and gas company."
-- Carl Yeatman, CEO Consolidated Oil & Gas
Consolidated Oil & Gas, Inc. (CSLG) has acquired a 749 acre lease in Southwest, Texas.
This lease is known as the Maverick Basin Flank Prospect and comprises seven pay zones and 10 wells.
We have been successful in squeezing off the water zone of the Grelle #1 Well as of January 28, 2007. The cement has been drilled out and we are waiting on the perforating truck. We will perforate an additional 40 to 50 feet of the zone and then decide if fracturing of the zone is necessary.
The Grelle #1 well was tested in Anacacho and an Upper San Miquel Stringer Sand as of September 26, 2006.
Consolidated Oil and Gas, Inc. is a US based company engaged in the exploration and production of onshore domestic oil and natural gas properties. The company's exploration and production activities are focused primarily in Texas. Their mission is to apply strong technical expertise to unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently.
Safe Harbor Statement: Information on this page was taken from Consolidated Oil & Gas, Inc. press releases. This page may contain forward looking statements, as defined in the Securities Reform Act of 1995. Actual events or results may differ from Consolidated Oil & Gas, Inc. expectations on a negative or positive basis and are subject to a number of known and unknown risks and uncertainties: including economic conditions, and availability of timely financing for projects.
