Bering Exploration Inc. (OTCBB: BERX) has moved a workover rig in on to its North Edna Prospect in Jefferson Davis Parish, La.

Bering has reentered the existing wellbore and completed the perforation of an existing, previously untapped zone. Bering expects the results of the perforation to be known in the next three to five days.

The entire prospect has potential gross reserves of 1,000,000 barrels of oil, which, based upon today's prices, equates to a gross value of more than $95 million. Bering currently owns a 100% working interest in ...