Lux Energy Latest News
OTC BB: LUXE
September 16, 2009 - Updates Business
Lux Energy Corp Acquires Quinlan #2 Interest
Lux Energy Corp. (the “Company”) is pleased to announce that it has acquired an interest in the Quinlan #2 well located in Oklahoma.
Lux Energy Corp reports that the operator is scheduling a major re-work on Quinlan #2 well located in Pottawatomie County, Oklahoma. The operator on this project anticipates performing this work immediately. This well has a depth of 4800 feet and expects to produce from the Simpson Dolomite formation. The Simpson Dolomite zone is a very prolific pay zone in the State of Oklahoma.
Shane Broesky President and CEO of Lux Energy comments that, “The historical records that the Quinlan well produced were in excess of 100 barrels of oil per day and 1500 barrels of salt water.” The well was shut in during 1979 due to low oil prices. “We are still actively searching in Alberta and British Columbia for income producing properties with upside exploration potential.”
A copy of the filed information can be found for viewing by electronic means by viewing the Company’s filings on www.sec.gov.
Lux Energy Corporation
Lux Energy is an oil and gas production and exploration company focusing on developing oil and gas resources in North America.
For further information please visit www.luxenergycorp.com or contact Shane Broesky at:
Corporate Office
Suite 1950 – 777 8th Ave S.W.
Calgary, Alberta, T2P 3R5
Canada
Investor Relations Manager
TF: (866) 581.3484
info@luxenergycorp.com
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Lux Energy's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.