Bering Exploration has acquired an interest in a South Texas oil and gas prospect that has potential gross reserves of 5 million barrels of oil and 46 billion cubic feet of natural gas in South Chambers County, Texas

摘要

Bering reports that an initial well will be drilled to about 10,000 feet to test the Oligocene Frio trend. Bering's interest is a 5% working interest after pay out in this prospect.