Monday, May 6, 2013

Hinto Energy acquiring additional wells and 4,400+ acres in Utah

Hinto Energy reported on Wednesday the Company has entered into a letter of intent to acquire a 100% working interest in 9 natural gas wells and in excess of 4,400 gross leased acres in the Cisco Springs oil and gas field, in the Uintah Basin of Grand County, Utah. The company is planning to connect the well into the local gas gathering system, as soon as proper testing and evaluation is completed. They expect to complete the acquisition in May of this year. Fairfield Sun Times