We continue to expand on our exploration discoveries in Texas and Wyoming and the Company is very excited about the potential impact of its Mallard project, especially as we near the drilling of the UPRC
25-1 re-entry well.
NAMX is planning an additional 50 well-drilling programs in cooperation with UPRC
in the immediate area of the first two wells using EM-Sounder subsurface data.
The Company's remaining assets, after the sale to UPRC
, consist of a gas sales contract with Lone Star and interests in approximately 300 oil and gas wells located primarily in the Appalachian basin.
Infinity executed an agreement with UPRC
in July 2000
Hoops, president, said, "In our area of interest, excellent gas shows have been obtained at our recent test well, the UPRC
#27-3, as well as at the previously drilled Poitevent Federal #1 and the Sue Federal #1.
Before joining Hanover, she held various management positions during 18 years with Union Pacific Resources Company (UPRC
) (acquired by Anadarko Petroleum in July 2000), including Assistant Controller with UPRC
, and then worked as an accounting manager through the transition of UPRC
Pursuant to the terms of the transaction, S2W's shareholders will transfer all of their outstanding shares to UPRC
UniPrime Capital Corporation is a publicly traded investment holding company trading under the symbol UPRC