Majestic Oil & Gas MT Well Producing 270Mcf/D

Published Jul 25, 2008

Majestic Oil & Gas Inc., Cut Bank, Mont., (OTCBB: MJOG) reports the Boucher No. 18-1 gas well in Pondera County, Montana, has been completed, bringing the total so far this year to six. Boucher No. 18-1 well is the first of a three-well drilling program in Pondera County.

The company reports that the initial production test of Boucher No. 18-1 is 270,000 cubic feet per day. The well encountered 14 feet of pay zone and targeted the Lake Frances Field. The company owns a 25% working interest in the well. JAS