Imperial Resources, Inc. (IPRC) Updates Operations in United States
Imperial Resources, Inc. issued an update to shareholders and the investment community on its oil and gas exploration and development activities in the United States. Imperial Resources is continuing to acquire mineral leasehold in Oklahoma, which is the main focus of the company’s resource efforts. The company now has 1,800 net acres under lease and estimates that this will provide for six well locations. Imperial Resources purchased a salt water disposal facility in Texas that is being utilized to dispose of salt water and fluids involved with the hydraulic fracturing of oil and natural gas wells. The company recently deepened…