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PS - Eastern Briefs - November 11, 2019
Marksmen Energy Inc. plans to commence in Q4 with the first three recompletions of a previously announced 40-well program targeting the Clinton sandstone in Portage County, Ohio. It expects these three initial recompletions to cost $410,000 and be funded via a $575,000 private placement. Of the remaining proceeds, the company intends to pay $25,000 for planning and engineering of the 40-well recompletion program and $94,000 as working capital to support light oil exploration in......
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