High Plains Gas Announces New Methane Gas Compressor Station
February 17 2011 - 10:31AM
Marketwired
High Plains Gas, Inc. (OTCBB: HPGS) ("HPG" or "the Company"), a
Gillette, Wyoming-based energy company actively engaged in the
acquisition, development and production of natural gas primarily in
the Powder River Basin, today announced the setting of a new
compressor station located on the South East Kingsbury methane gas
field.
The methane gas field has been refitted with a 150 HP electric
screw compressor and a 30 HP electric screw compressor. At the same
time, Optigas is prepping their compressor to receive gas from the
South East Kingsbury POD.
"It is expected that this rework will add somewhere between
800-1,000 Mcf/d (thousand cubic feet per day) to our total daily
methane gas production by the end of this month," stated Greg
Greenough, VP of Operations for High Plains Gas.
ABOUT HIGH PLAINS GAS
High Plains Gas, Inc. is a Gillette, Wyoming-based energy
company actively engaged in the acquisition, development and
production of natural gas primarily in the Powder River Basin.
Through its wholly-owned subsidiary CEP - M Purchase LLC, the
Company owns the former Marathon "North & South Fairway"
assets. These assets consist of 1,614 Coal Bed Methane Wells with
associated flow lines and over 155, 000 net acres. This combined
with the company's existing 92 natural gas wells gives the company
a strong foundation in the natural gas industry. High Plains Gas
will pursue expansion opportunities for the profitable production
and transmission of natural gas. High Plains Gas believes it has
unique expertise and experience in the refurbishment and
reactivation of wells that produce natural gas from coal bed
methane formations that helps position it strategically in the
Powder River Basin.
SAFE HARBOR STATEMENT
Statements made about our future expectations are
forward-looking statements and subject to risks and uncertainties
as described in our most recent filings made with the US Securities
and Exchange Commission, and are subject to change at any time. Our
actual results could differ materially from these forward-looking
statements. We undertake no obligation to update publicly any
forward-looking statement.
Contact High Plains Gas, Inc. P.O. Box 1564 Gillette, WY
82717 (307) 686-5030 Email: ir@highplainsgas.com
www.highplainsgas.com Investor Relations American Capital
Ventures Howard Gostfrand (305) 918-7000 info@amcapventures.com