Arête Industries, Inc. (OTCQB: ARET) announced July 11, 2014 that it will
participate as a working interest owner in two horizontal wells to be drilled in
Campbell County, Wyoming and Converse County, Wyoming in the Turner and Shannon
zones. 


The following is a description of the wells. 



1.  The Starlight Federal 30H is located in Section 7, Township 43N in
    Campbell County. This well is currently being drilled to a total depth
    of approximately 15,310 feet including the lateral in the Turner zone.
    The Company will have an approximate 1.45% working interest.





2.  The Wibaux Gold Federal 4076-10-03-1sh is located in Section 10 Township
    40N in Converse County Wyoming. Drilling of the well began on June 21,
    2014 and it planned to be drilled to a total depth of approximately
    19,900 feet including the lateral in the Shannon zone. The Company will
    have an approximate .33% working interest.



In addition the company announced in a press release and a form 8-K on November,
2013 about the company's participation in three wells in Campbell County
Wyoming. All three wells were drilled and completed, and the wells are
commercially viable, and producing. 


About the Company 

The Company owns oil and gas properties in the Rocky Mountain Region of the
United States. For additional information on the Company, visit its website at
http://www.areteindustries.com/


Make sure you are first to receive timely information on Arête Industries when
it hits the newswire. Sign up for Arête's email news alert system today at:
http://www.areteindustries.com/alerts 


Statement as to Forward Looking Statements. 

Certain statements contained herein, which are not historical, are
forward-looking statements that are subject to risks and uncertainties not known
or disclosed herein that could cause actual results to differ materially from
those expressed herein. These statements may include projections and other
"forward-looking statements" within the meaning of the federal securities laws.
Any such projections or statements reflect Arête's current views about future
events and financial performance. No assurances can be given that such events or
performance will occur as projected and actual results may differ materially
from those projected. Important factors that could cause the actual results to
differ materially from those projected include, without limitation, the
Company's dependence on its management, the Company's significant lack of
capital, changes in prices for crude oil and natural gas, the ability of
management to execute plans to meet the Company's goals and other risks inherent
in the Company's businesses that are detailed in the Company's Securities and
Exchange Commission ("SEC") filings. Readers are encouraged to review these
risks in our SEC filings.  



FOR FURTHER INFORMATION PLEASE CONTACT: 

For Further Information Contact: 

Nicholas Scheidt
CEO 
Donald W Prosser
CFO
303-427-8688
info@areteindustries.com

Senvest Capital (TSX:SEC)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Senvest Capital Charts.
Senvest Capital (TSX:SEC)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Senvest Capital Charts.