SOURCE: Cambrian Systems

November 04, 2011 16:15 ET

Cambrian Begins Work on 84 Acre Lease

LEXINGTON, KY--(Marketwire - Nov 4, 2011) - Cambrian (CAMS) (the Company) (PINKSHEETS: CAMS) is proud to announce that over the next few days the Company will begin the bail testing of the recently acquired 84 acre lease in Green County, Kentucky.

This testing process is done with a hydraulic cable tool service rig and is used to aid in determining which wells might be commercially viable oil producers. The Company will be updating the website with pictures of this work as it progresses.

Assuming that the Company has some wells that look promising, it will then contact the State Oil and Gas Inspector to come verify or assign the correct identification numbers for the wells. The Company will then proceed to permit and bond the wells so that it can begin the in depth cleaning process and possible acid treatment of the holes prior to equipping and producing the wells.

The results of the bail testing should also provide the Company with enough information about the area so that it is comfortable moving ahead with the purchase of some additional oil leases that it has identified in the immediate area. The Company's research has shown that there were over thirty wells drilled in the immediate vicinity of its lease.

Alex Ipanag, President, stated, "This is just the first step in implementing our plan to bring on board quality leases and wells that have been under developed in Green County, Kentucky."

About Us

Cambrian is an independent oil and gas company with a primary focus on acquiring, developing and participating in the U.S. crude oil and natural gas properties.

Safe Harbor

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Cambrian Systems, Corp., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information