Bowling Green, Kentucky (PRWEB)
July 28, 2017
Steve Stengell announced today that Encore Energy, Inc. and its horizontal Berea oil projects were featured in the Energy and Mining International Magazine Summer 2017 Edition. Check out the article on Encore’s website at http://www.encore-energy.com/Energy%20&%20Mining%20International%20Encore%20Berea%20Oil%20Article.pdf
Encore currently drilling the Encore Adkins Bud #H1 in Johnson County and has plans to drill four immediate horizontal Well locations, this year and next, in the area of Johnson and Lawrence counties. “The Company is already making plans for the next three (3) Horizontal Berea Well locations”, said Steve Stengell, Encore’s President CEO and Chairman.
Steve Stengell is President CEO, Chairman and the Founder of Encore Energy, Inc. and specializes in oil and natural gas lease acquisition, exploration and production in Kentucky. Mr. Stengell is the former President CEO of publicly traded E & P Company with 50+ employees. The company maintained audited financial statements, full material disclosure (highest rating from otcmarkets.com) to private and public investors and achieved a record stock price/volume with $27 million in annual revenue during Mr. Stengell’s tenure. Mr. Stengell served as an operator in both Texas and Oklahoma. Mr. Stengell is responsible for supervising horizontal discoveries in the Georgetown Buda (gas / liquids) and Woodbine Sand of Texas (oil) along with shallow oil and gas developments in northern Oklahoma. The Texas Woodbine horizontal Wallrath #1H produced 58,000 BO in its first year and was later reportedly acquired by Halcon Resources. Mr. Stengell also has extensive experience in oil and lease acquisition, production acquisitions / divestitures of the Utica Shale play of Eastern Ohio. Encore has facilitated multiple transactions with major Utica Shale…