LOS ANGELES, CA–(Marketwired – Jul 22, 2015) – Eos Petro, Inc. (“Eos”) (
“With the first new well scheduled for completion in August and the second in September, Eos is set to capitalize on its Illinois Basin opportunity,” said Martin Oring, CEO of Eos Petro. “We expect the Works Property expansion to double our current production levels to over 100 BOPD, thereby delivering a profitable return on our investment – even with the current state of today’s crude oil markets.”
Additional information regarding the Illinois Basin Works Property may be found on Eos’ website at http://eos-petro.com/index.php?lang=&page=works.
About Eos Petro
Eos Petro, Inc. is a U.S. listed company that is in the business of acquiring, exploring and developing oil and gas-related assets, both domestically and internationally. Eos’ current, active properties are located in the Illinois Basin. For further information, please visit the company’s website at www.eos-petro.com.
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