Thursday, October 16, 2008

Penny Stock Alert: Striker OTCBB:SOIS Begins Drilling

Striker Oil & Gas, Inc. (OTCBB:SOIS - News) announced today that it has commenced drilling on the Catfish No. 3 well on its Catfish Creek Prospect located in East Texas. The well is the third well drilled by Striker in the Catfish Creek Prospect and the first well of a three well continuous program to exploit the Pettet and Rodessa formations found in the two successful wells previously drilled by Striker. The Catfish No. 3 well will be drilled to a depth of 10,800 feet and is expected to reach total depth within 30 days.

Full Story: Wall Street News Alert

No comments: