Exploration & Production | Operational Updates
Homeland Details Arbuckle Development Plans
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Homeland Resources Ltd. has confirmed and secured an interest in 34 initial prospects at its Liberty Ridge Drilling Project located in south-central Oklahoma.
"A large-scale project like this holds great potential for Homeland insofar as it involves all phases of oil and gas exploration, including 3D seismic data evaluation, prospect generation, leasing, permitting, and ultimately drilling," stated Armando Garcia, President of Homeland Resources. "Once the drilling gets started at Liberty Ridge it will be significant development for the Company. Moreover, based on production results from the surrounding oil fields, we are optimistic that analogous discovers will be made in the Liberty Ridge Project area."
The overall scale of the Liberty Ridge Project is large (approximately 83,043 acres…
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