Unbridled Energy Corp. (TSK-UNE) Updates Investors Regarding the Company’s Latest Developments
Unbridled Energy signed a Letter of Intent with a local operator to purchase additional acreage around its Chautauqua Lake Property. The purchase includes a working interest in 24 wells and over 12 miles of 2D seismic data across the property. The company plans to drill additional Bass Island wells and further develop the remaining potential in existing wells. The acquisition also includes the deep rights below the Medina/Whirlpool formations under Unbridled’s existing 13,280 acres and 960 acres of mineral rights. The company believes that the deep rights will offer even more potential in new tight gas sands and shales under…