Exploration & Production | Top Story
EnerJex Ups MissLime Drilling; Adds 16 Wells
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EnerJex Resources, Inc. has reported numerous updates on its operations and other items.
The Company's drilling pace accelerated in the second quarter during which it drilled 16 new oil wells and 16 new secondary recovery water injection wells in Kansas. EnerJex's drilling activities continue to increase, and it is actively drilling new wells in its Mississippian and Cherokee projects. The Company believes it has further de-risked and added to its drilling inventory in both projects, where recent results appear to be exceptional.
Strategic UpdateEnerJex's Board of Directors believes the Company's stock price is undervalued, and it is currently evaluating multiple opportunities to both unlock value and accelerate growth in an accretive manner on behalf of shareholders. EnerJex will…
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