TN-K Energy Acquires Two Additional Leases
January 6, 2010 (FinancialWire) — TN-K Energy Group Inc. (OTC: TNKY) said the company has acquired two additional leases in Clinton county Kentucky: The Betty Hadley and the Todd Anderson leases. The Hadley lease is 14.3 acres and the Anderson lease is 56.43 acres. These leases are in close proximity to the David Irwin lease of 32.71 acres, which gives the company over 100 leased acres and a potential 20 plus well locations in the immediate area.
The company further has obtained a permit and has begun drilling operations on the Todd Anderson Well #1 in Clinton county Kentucky.
The company feels these leases are prime locations due to several producing formations in the immediate area. The known producing formations in the area are the Granville, Sunnybrook, Stones River, Murfreesboro, Wells Creek and Knox Formations. The company feels there is great potential to produce oil and/ or gas in one or more of these formations.
TN-K Energy Group Inc. is an independent energy company with operations in Tennessee and Kentucky.
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