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Lower Drilling Costs Prompt Diamond Spring Prospect JV to Plan Additional Wells

Published Apr 20, 2009

With drilling costs sharply down, IDGLOBAL, Las Vegas, (Pink Sheets: IDGC) says more wells have been planned in the Diamond Spring prospect in Fremont County, Wyo.

G2 Petroleum and Force Energy Corp. are part of a joint venture with IDGLOBAL, which has a 10% working interest in the prospect. G2 is expected to spud the first well in August.

IDGLOBAL provides a range of anti-theft and loss prevention security technology.