SOURCE: Energy Exploration International Inc.

June 13, 2007 12:02 ET

Energy Exploration International Inc. Announces Commencement of EEI Campbell #1 Drill Project in Colorado County, Texas

DALLAS, TX--(Marketwire - June 13, 2007) - Energy Exploration International Inc. (EEI) today announced the commencement of drilling of the EEI Campbell #1 in Colorado County, Texas. Arrow Drilling Company, Inc. moved in and rigged up on Saturday, June 9, 2007, and drilling commenced on Sunday. Surface casing was set at 750 feet on Monday and the approximate time to reach total depth of 7350 feet is estimated at 14 days.

Curtis Best, President of EEI, explains that "Extensive 3-D seismic, Brightspot technology, Neural Network and Artificial Intelligence (AI) assessments conducted by Nettlecombe Oil Co. have indicated the presence of natural gas-charged sands in the Yegua formation."

Robert Hucklebridge, President of EEI Operating Inc., is responsible for supervising the drilling program and ongoing operations of the EEI Campbell #1 Well. Official project documentation, including drill permits and production figures (90 day delay) will be viewable on the official website of the Texas Railroad Commission (RRC), the government regulator of all oil and gas activity in the State of Texas.

Further information on the Campbell #1 project can found on the Company's website www.eei-inc.com.

FORWARD-LOOKING STATEMENTS

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 Energy Exploration International Inc., 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. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. 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

  • PR Contact:
    Curtis Best
    +1 (214) 570-0280