Kabe Exploration Inc. () today recognizes yet another successful completion of a Mississippian Lime Oil Development well in close proximity to Kabe?s proposed development acreage in Cowley County, Kansas. ?Kabe has monitored this well with great interest as it is situated just six miles to the west of a large acreage block we hold,? said Erik Ulsteen President of Kabe. ?This well was completed by another firm this month with reports showing that the well is exhibiting very good oil production in the initial phases. Just last year Nadel & Gussman completed two wells approximately 8 miles to the east of our acreage; these two Nadel & Gussman wells in conjunction with the recent completion 6 miles to the west appears to put Kabe?s acreage holdings in the middle of the Cowley County Mississippian fairway,? Ulsteen added. Initial production results of the major oil companies such as Range Resources, Spyglass and Sanridge Energy in the Mississippian Lime horizontally drilled wells demonstrate the potential for initial production rates greater than 500 barrels of oil per day equivalent (Bopde). With the Estimated Ultimate Recovery (EUR) potential of 300,000 to 400,000 barrels of oil equivalent (Boe) per well. These wells are drilled and produced at relatively shallow drilling depths of approximately 4000 feet with high oil quality of 35-38 degree PI gravity thus making very favorable production economics compared with any Continental United States oil play. bout Kabe Exploration Inc. Based in San Diego, California, Kabe Exploration Inc. is an oil & gas exploration and development company that acquires mineral rights in prolific shale plays for oil and gas production within the United States. Kabe?s primary goal is to increase the value of acquired assets through a combination of exploration, horizontal drilling, and proven engineering extraction processes that develop the production potential of these properties. CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements that involve a number of risks and uncertainties. number of factors could cause results to differ materially from those anticipated by such forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. IMPORTANT NOTE: Via the usage of this e-newsletter or viewing our website you agree to hold StockCabin and its owners, operators, employees or affiliates harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (monetary or otherwise) that you may incur. This e-newsletter does not represent an offer to buy or sell any securities. Neither StockCabin nor any of its affiliates are registered broker dealers or investment advisors. ll information on our featured companies are provided by the profiled companies or our clients or is available from public sources. StockCabin has made the strongest effort to provide accurate, factual and complete information on its website and e-newsletters but neither StockCabin nor any of the companies mentioned can guarantee the total accuracy of the information presented. Neither StockCabin nor any of the companies profiled here assume any responsibility for the information on StockCabin's website or its e-newsletters. StockCabin has been compensated with ten thousand dollars for KABX marketing services. The third party may have shares of the profiled companies and may liquidate them anytime, which may lead to a negative effect on the performance of the share price. Our compensation constitutes a conflict of interest toward our ability to remain objective in our communication regarding the featured companies. StockCabin's affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice, which may negatively affect the performance of the share price. In preparing this e-newsletter, StockCabin has relied upon information supplied by its clients (the featured companies or third parties), and press releases that it believes to be reliable; however, such reliability can never be guaranteed. Investors should not rely on the information contained in this website or the e-newsletters. Instead, investors should use this information as a starting point for doing additional independent research on the featured companies and supplement this information with their own due diligence and professional advices. This message was sent to xxxxxx@gmail.com from: IP Global Marketing | 123 West Nye Lane, Suite 129 | Carson City, NV 89706 Email Marketing by Unsubscribe
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