NHPI Has Completed 4 Work Overs on Producing Wells on the Keller Leases in the Ft. Worth Basin
14 March 2014 - 1:15AM
Marketwired
NHPI Has Completed 4 Work Overs on Producing Wells on the Keller
Leases in the Ft. Worth Basin
Neuro-Hitech Inc. (NHPI.PK) Is Pleased to Announce the Following
Updates
FORT WORTH, TX--(Marketwired - Mar 13, 2014) - Neuro-Hitech,
Inc. (OTC Pink: NHPI) (PINKSHEETS: NHPI), The Company, is pleased
to announce we have completed reworking an additional two wells and
have turned them on and they are producing. The Company has now
reworked a total of four wells on the leases and currently has
eight wells on the M.V.Keller Leases producing. The current
reworks are all shallow wells that are producing out of the
Gunsight Formation. The Gunsight formation runs across the lease
and is located less than 2,000 feet from the surface. The M.V.
Keller Lease A. and the M.V. Keller Lease B. are contiguous and
total roughly 153 acres in Young County, Texas.
All of the lease roads been resurfaced allowing for all weather
access. The electrical has been examined additional lines have been
run and either repaired, and or replaced.
The Company has also repaired the existing tank batteries and
added two new tank batteries on the lease to hold current
production and to allow for additional production as it comes on
board.
"We are very excited about the success of our first
lease. We should see additional production as we continue to
work over additional wells on the lease and begin drilling at
deeper depths in the near future," stated Mr. Thomas, President of
NHPI.
Safe Harbor Statement:
This news release includes
forward-looking statements pertaining to future anticipated
projected plans, performance and developments, intended to qualify
for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. Any statements on this
news release that are not statements of historical fact should be
considered forward-looking statements. These forward-looking
statements generally can be identified by phrases such as
"believes," "expects," "anticipates," "foresees," "forecasts,"
"estimates," "intends," or other words or phrases of similar
import. Similarly, statements in this news release that describe
the Company's business strategy, outlook, objectives, plans,
intentions or goals also are forward-looking statements. All such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
Investor Inquiries: Neuro-Hitech, Inc.
PTHOMAS@MCRAMERICAN.COM
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