TRULEUM EXPANDS HOLDINGS AT LOGAN PROJECT BY 400 ACRES INCREASING BEHIND PIPE RESERVES POTENTIAL
GOLDEN, Colo., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Truleum, Inc. (OTC.PK – TRLM) (“Truleum”) announced today that it has acquired quitclaim title to various tracts of the Logan Project covering approximately 400 additional acres.
- GOLDEN, Colo., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Truleum, Inc. (OTC.PK – TRLM) (“Truleum”) announced today that it has acquired quitclaim title to various tracts of the Logan Project covering approximately 400 additional acres.
- Ownership of the additional acres has now been clarified adding the approximate 400 acres covering nine (9) well bores owned and operated by Truleum.
- The company’s acreage held in the Project increased from 1380 to 1620 net acres.
- The new acreage adds behind-pipe potential in some of the nine affected wellbores and adds full interest in undrilled locations that Truleum can now access with clear title.