Hinto Energy, Inc. Oil Production Begins in Montana
October 22 2013 - 6:00AM
Marketwired
Hinto Energy, Inc. Oil Production Begins in Montana
DENVER, CO--(Marketwired - Oct 22, 2013) - Hinto Energy, Inc.
(OTCQB: HENI) announces the commencement of oil producing
operations at its Mason Lakes oil field in Musselshell County,
Montana.
George Harris, the Company's Chief Executive Officer, remarked,
"We are extremely pleased to begin producing oil from these
recently acquired wells and oil leases in Montana. After
working over the field, we have been able to bring our water
source, water injection and production wells on line. Initial
fluids production is approximately 500 barrels per day with an oil
cut of 5 to 10 percent. The Company is exploring enhancements
to pumping methods to further increase fluids production."
In addition to current production, the management believes that
the Mason Lake leases provide significant potential for the
drilling of additional oil wells. The Company is continuing to
evaluate opportunities to expand its lease holdings in the
Musselshell County area.
Hinto Energy, Inc. engages in the exploration, acquisition, and
development of oil and gas properties, with properties in both Utah
and Montana. The Company is based in Arvada, Colorado.
Notice Regarding
Forward-Looking Statements
This press release
may contain certain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as
amended. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, which
include among others, the inherent uncertainties associated with
petroleum exploration and development stage exploration companies
including without limitation, other risks detailed from time to
time in the Company's periodic reports filed with the Securities
and Exchange Commission.
Contact Information: Hinto Energy, Inc. Gary Herick Vice
President - Finance 7609 Ralston Road Arvada, CO 80002 (303)
647-4850 www.hintoenergy.com
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