SOURCE: Force Fuels, Inc.

November 09, 2010 20:30 ET

Force Fuels Launches Program in Kansas Oil Fields Project to Increase Production to 10,000 Barrels per Month

COSTA MESA, CA--(Marketwire - November 9, 2010) - Force Fuels, Inc. (OTCBB: FOFU) announced today the details of its 4 phase program aimed at increasing oil production of its Kansas properties.

  • Phase 1 (completed) involved determining the state of our existing wells and placing them back into service to verify our production assumptions as well as geological data.
  • Phase 2 is the well rehabilitation project that began last week and is expected to be completed in the spring of 2011. The goal of this 2nd phase is to increase oil production to 1,600 barrels monthly from the existing field.
  • Phase 3 is a 48-hole infill drilling program that is expected to begin at the conclusion of Phase 2. The goal of this 3rd phase is to increase oil production by an additional 7,000 barrels monthly.
  • Phase 4 is the implementation of secondary recover techniques such as nitrogen injection or a water flood of the existing field late in 2011. These proven secondary recovery techniques typically increase the production from the field as well as extend the life of the field. The goal of the 4th phase is to increase oil production from the existing field by an additional 1,500 barrels per month.

Tom Hemingway, VP & Director, stated, "Successfully implementing this 4 phase program will allow Force Fuels to produce in excess of 10,000 barrels of oil per month by the end of 2013. The program is designed in a manner that puts previous revenue back into the field and keeps the operations profitable from January 2011 forward. If oil prices stay at current levels, then Force Fuels should be approaching $1,000,000 a month in gross revenues from oil production on our Kansas property alone."

About Force Fuels, Inc.

Force Fuels, Inc.'s primary products are regulated and standardized energy based products, which do not require a massive marketing or sales force, thus eliminating the related expenses. These energy based products include oil, natural gas, solar and wind. In the oil and gas field the company plans to focus on the purchase of marginally producing shallow oil wells which can be optimized with existing technologies; the purchase of leases with potential for additional drilling in proven producing areas and the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.

More information can be obtained contacting the company at info@forcefuels.com

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect", "should", "if" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, adverse economic conditions, intense competition, lack of meaningful research results, inadequate capital, termination of contacts or agreements, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products or programs and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Contact:
    Force Fuels, Inc.
    (949) 783-6723