| Quantum Energy, Inc. Announces Inglish #5 is on Line The company is pleased to announce that the Inglish #5 well in the Barnett Shale has exceeded expectations in its initial production stage. The well came into production on October 12, 2006 and has produced 2355 barrels of oil and 5,245,000 MCF of gas in six days of production. This well has averaged 390 Bbls of oil per day.
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Quantum Energy, Inc. is pleased to announce that it has signed a letter of intent with an Oklahoma Private Oil and Natural Gas Consortium to acquire its proven and producing properties subject to an extensive due diligence study by Quantum and its advisors on the properties to be acquired.
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The consulting geologist for the company has advised that Quantum Energy, Inc. should immediately proceed with a C02/N2 Unit. This unit is to compliment the Polymer Injection System for the Nacotoch reservoir.
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Asset History
 View our asset history, where it came from and where it's going. Our projects have a diverse and dynamic background with proven results. |
 | Corsicana Field Prospect
The Corsicana Field Prospect prospect consists of 7800 acres and provides a low cost opportunity to develop known oil bearing rocks under a shallow old oil field.
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 | Barnett Shale Project
A decade ago the Barnett Shale formation in north Texas represented a geological puzzle that had gone unsolved for more than 40 years. Geoscientists knew vast energy reserves were sealed inside the tight, black rock formed from organic deposits 325 million years ago. The challenge was recovering them.
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