August 16, 2018 - 8:18 AM EDT
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​Viking Files Notices to Drill 21 New Wells in Kansas

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Viking Energy Group, Inc.  (VKIN) is pleased to announce it filed a “Notice of Intention to Drill” (the “Notices”) with respect to the proposed drilling of 21 new wells in Kansas.

The Notices were filed with the Kansas Corporation Commission, Oil & Gas Conservation Division (the “KCC”), by S&B Operating, LLC on behalf of Mid-Con Drilling, LLC (“Mid-Con”), one of Viking’s wholly-owned subsidiaries, and relate to the proposed drilling of a combination of producing wells (oil) and water injection wells on certain of Mid-Con’s leases in the Counties of Douglas, Franklin, Miami and Allen in Eastern Kansas.

The effective date of the Notices is August 19, 2018, and the estimated spud dates of the wells range from August 19th to September 12th, 2018, which may change depending on weather, availability of drilling rigs and other conditions.The estimated depth of the proposed wells ranges from 700’ to 1000’, and the producing wells will target Squirrel sands, a sandy zone in the upper part of the Cherokee shale.

S&B Operating, LLC is a subsidiary of Kansas Resource Development Company, a premier operating company in Kansas and Missouri, and its executives have decades of experience in the oil & gas sector, specializing in formulating and operating water-flood enhanced oil recovery programs.The Notices filed by S&B are made available for viewing on-line by the Kansas Corporation Commission through the website for the Kansas Geological Survey, University of Kansas (http://www.kgs.ku.edu/PRS/currentinfo.html).

About Viking:

Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in North America. The company owns oil and gas leases in Kansas, Texas, Louisiana, Mississippi and Alberta.Viking targets under-valued assets with realistic appreciation potential.

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Source: Equities.com News (August 16, 2018 - 8:18 AM EDT)

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