NiMin Energy Corp. (NEYYF) Completes Drilling Operations in California
Located in California, NiMin Energy is an independent oil and gas exploitation and production company with principal operations across the United States. The company took a major step towards prominence with the announcement they have successfully drilled and cased two vertical development wells at its Pleito Creek field in California, the 23-25 and 24-35 wells. Both of these fields have targeted the Santa Margarita oil reservoir. The Santa Margarita is the primary oil reservoir in the Plato Creek field, with production resulting from both conventional drilling and the application of NiMin’s proprietary Combined Miscible Drive (“CMD”) technology for increasing recovery…