http://www.pinksheets.com/pink/quote/quote.jsp?symbol=htogHeartland Completes and Successfully Pressure Tests 4 Mile Pipeline - Installation of Flow Lines to Commence for Connection of 12 Wells Expected to Double Coalbed Methane Production
MIAMI COUNTY, Kan., Jul 02, 2008
(BUSINESS WIRE) -- Heartland Oil and Gas Corp. (OTCBB: HTOG) (FWB: HOCA) has successfully conducted pressure testing on its new 4 mile pipeline in Kansas, signaling the completion of that pipeline. Work was then immediately commenced to install the flow lines to each of the 12 new wells to be connected in order to begin the sale of the coalbed methane being generated by those wells.
With this successful testing and anticipated connection of 12 wells, Heartland expects to double the coalbed methane production from this field in Southeast Kansas. In addition, vast additional acreage will be open for further development and drilling along the 4 miles to be accessed by the pipeline.
"We put the necessary pressure into the pipeline and found no leaks along its entire length," reports Augie Soto, COO of Aztec Well Services, Heartland's prime contractor on the work. "The four road crossings and 2 creek crossings were our greatest concern and they held without any problems. The 8 inch main is tied into the 12 inch main and the pipeline is secure all the way to the sales meter. We will begin installation of the 4 inch flow lines without delay and have scheduled the contractor to fracture the wells so they are ready for production as soon as we can connect them."
About Heartland Oil and Gas Corp.
In April 2007, Universal Property Development and Acquisition Corporation (OTCBB: UPDV) (
www.universalpropertydevelopment.com) acquired a controlling interest in Heartland Oil and Gas Corp. and designated Heartland as its exploration and production arm. Since that time, UPDA has also established Aztec Well Services, Inc. (
www.aztecwell.net) as its wholly owned field services subsidiary. For further information, visit
www.heartlandoilandgas.com. Heartland Oil & Gas Corp. (OTCBB: HTOG) recently received a reiterated "Speculative Buy" from Beacon Equity Research Analyst Victor Sula, Ph.D. The full report is available at
http://www.BeaconEquity.com. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
SOURCE: Heartland Oil and Gas Corp.
CONTACT: Heartland Oil and Gas Corp.
Jack Baker (Investor Relations), 561-630-2977
info@heartlandoilandgas.com
Copyright Business Wire 2008
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KEYWORD: United States
North America
Florida
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INDUSTRY KEYWORD: Energy
Oil/Gas
Utilities
Other Energy
Natural Resources
Mining/Minerals
Other Natural Resources
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