CREDO Updates Drilling and Calliope Gas Recovery System Activities; Successful Drilling Continues on Northern Anadarko Shelf Acreage New Calliope Gas Recovery System Installations Completed.
Business Wire › November 28, 2005
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CREDO Updates Drilling and Calliope Gas Recovery System Activities; Successful Drilling Continues on Northern Anadarko Shelf Acreage New Calliope Gas Recovery System Installations Completed.
DENVER -- CREDO Petroleum Corporation (NASDAQ: CRED) today provided an operational update on its Anadarko Basin drilling program, its South Texas and Kansas exploration projects, and activities related to its Calliope Gas Recovery System.
James T. Huffman, President, said: "This year we significantly expanded and diversified our business with the objective of sustaining CREDO's rapid growth rate. Substantial new commitments have been made to expand our drilling activity into South Texas and north-central Kansas. These new projects will broaden our scientific approach to prospect generation and will diversify the capital exposure, risk and reserve potential of our drilling activities...See the full content of this document
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