Advantagewon Oil (CSE: AOC) Commences Drilling and New Work Over Programme in LaVernia
Toronto, Ontario - August 30, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Advantagewon Oil Corp., (CSE: AOC), (the "Corporation", "Advantagewon") is pleased to announce that it has commenced its third quarter drilling and work over program on its acreage in the LaVernia Oil field in the State of Texas.
Starting the week of September 11th the Company will be drilling one new well, re-entering, perf'ing and frac'ing 3 existing wells and frac'ing two wells drilled in Q2. We expect to provide preliminary results and updates within four weeks dependant on progress made. Hurricane Harvey may force some delays.
The Company is awaiting results from its frac'ing program on the Black and Morris lease in LaVernia as the wells continue to recover injected frac fluids. Results are expected in the next two weeks.
About Advantagewon Oil Corp.
Advantagewon Oil Corp., is a Toronto-based Oil Company with a focus on development opportunities in the State of Texas. Advantagewon currently owns two properties in the State of Texas: the Saratoga property located in Hardin County, Texas; and the LaVernia property located in Guadalupe County, Texas.
For further information please contact:
Mr. Paul Haber
CEO & Director
Advantagewon Oil Corp.
T: (416) 318-6501
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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