SOURCE: Superior Oil and Gas

April 20, 2010 12:38 ET

Superior Oil and Gas Co. Acquires Well in Logan County, Oklahoma

CALUMET, OK--(Marketwire - April 20, 2010) -  Superior Oil and Gas Co. (OTCBB: SIOR) has acquired the Lincoln-Lewis #1 well in Logan County, Oklahoma, announced Dan Lloyd Jr., Superior's Director of Operations. "Superior plans to re-engineer this well in order to exploit one or more of its producing zones. This acquisition and subsequent development should advance Superior's goal of pursuing projects that would yield respectable profits, provide quick returns of capital, and maintain manageable risks," Lloyd added. 

About Us
Superior Oil and Gas Co. is an independent oil and gas developer and producer. It is looking forward to pursuing new joint ventures that will exploit unique oil & gas drilling and work-over opportunities. It has accumulated various oil and gas properties in Oklahoma and Texas.

This Press Release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as 'expect', 'anticipate', 'believes', 'plans' and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Superior's ability to successfully acquire reserves and produce its resources, among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason - even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on these statements.

Contact Information

  • Contact:
    Dan Lloyd, Jr.
    405-884-2080