BERI Blue Earth Resources Inc (PK)

INVER GROVE HEIGHTS, MN--(Marketwired - Apr 28, 2014) -  Mr. John Lai, President of Blue Earth Resources, Inc. (OTC Pink: BERI) (PINKSHEETS: BERI), is pleased to announce Mr. Jon Sartor has taken over the field operation of their Mansfield lease. Mr. Sartor has been in oil business for over 50 years. He is one of the premier driller and operators in the Caddo Pine Island field. His knowledge in oil and gas production is one of the best in the area. With Mr. Sartor's knowledge and experience Mr. Lai is confident that BERI can bring the Mansfield lease back in production of both oil and gas. When the Mansfield lease was producing efficiently it was doing over $3,700,000 a year in gross revenue.

The Mansfield lease is comprised of approximately 1,000 acres and has 13 oil and gas wells with one salt water disposal well. BERI has the minerals depth from the surface down to 4,700 ft. Mr. Lai is anticipating to have the Hunter Mannies # 2, 4, & 7 on pump before the end of this week. In addition, the goal is to get the Hunter Mannies #1 also back on pumping in the very near future. With these four wells back in production Mr. Lai is looking for an increase in the current production by an additional 12 barrels a day.

About Blue Earth Resources Inc.: Blue Earth Resources Inc. is trading on the OTCPINK under the symbol BERI. The Company is an independent oil and gas company engaged in the acquisition, development and production of oil and natural gas reserves. The Company seeks to deliver strong shareholder returns through an effective exploration and development program that incorporates sound business practices with the strong experience of our management team. The goal is to steadily increase proven reserves of oil and natural gas which, in turn, will lead to enhanced cash flows and earnings per share.

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements, which do not reflect unknown or unanticipated events or circumstances occurring after the date of these forward-looking statements.

Blue Earth Resources Inc. Contact: John Lai 952-838-3838 Email: jlai@blueearthresources.com

Blue Earth Resources (PK) (USOTC:BERI)
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Blue Earth Resources (PK) (USOTC:BERI)
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부터 3월(3) 2024 으로 3월(3) 2025