Fossil Oil Company Makes New Oil Well Discovery in Lincoln County, MS!

HOUSTON, Oct. 8, 2014 /PRNewswire/ -- Fossil Oil Company announced that they have successfully drilled to a total depth of 10,700' and tested the T. L. Smith # 1 Well in Lincoln County, Mississippi.  

"Formula for Fossil Oil's success:  Rise Early, Work Hard, Strike Oil!" said Dennis R. Kittler, President and Founder of Fossil Oil Company.

This deep Lower Tuscaloosa Denkman Sand was drilled by D & D Drilling Company of Ferriday, Louisiana and was logged by Schlumberger Wireline Services. Currently, the Operator, Reynolds E & P of Shreveport, Louisiana is making preparations to clean up the location for the arrival of the completion rig. They will run the Cased Hole Electric Logs, including a Cement Bond Log, run in the hole with a string of production tubing, and then perforate the prospective Denkman Oil Sands.

Fossil Oil's newest drilling program is the Friendship Church Oil Well JV – II to be drilled in Pike County, Mississippi.  This 10,700' Lower Tuscaloosa Channel Sand is a direct step-out (1,200') from a new oil discovery drilled by Fossil Oil in 2013.  This lower risk oil well is expected to encounter more than 1 million barrels of oil according to Fossil's Chief Consulting Geophysicist, Kevin B. Hill. It is estimated that it will take 2-3 additional offset wells to drain the projected recoverable oil reserves. This Joint Venture still has a few Investment Units remaining at this time. 

"The best place to find oil is where oil has already been found!" said Kevin B. Hill, founder and President of Hill Geophysical Consulting.

Fossil Oil Company, LLC, is an independent oil and gas investment, exploration, production, and drilling company founded by Dennis R. Kittler, President, in 1999. Fossil specializes in generating lower risk, high economic potential oil well drilling investment opportunities. Mr. Kittler and his management team have been actively participating in the acquisition of brand new 3-D seismic shoots and acquiring non-operating working interests, positioning themselves to provide high quality oil and gas investment programs for high net worth individuals, institutional and equity funding groups who are seeking significant ownership in reserves of oil and natural gas. For more information please contact Ms. Cheryl Proctor at [email protected], call her at Toll Free (877) 822-5802, or CLICK HERE

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SOURCE Fossil Oil Company, LLC