High Plains Gas, Inc. (HPGS) to Accelerate Well Reactivation Program in Wyoming
High Plains Gas, Inc. released the reactivation schedule for the company’s oil and natural gas wells located on its leasehold in the Powder River Basin of Wyoming. High Plains Gas acquired these properties from Marathon Oil (MRO) in the fourth quarter of 2010 and has been reactivating wells on the site to produce marketable natural gas. The company’s original goal was to reactivate thirty wells per month during the balance of 2011, but this program has been accelerated by the management of High Plains Gas to the rate of sixty wells per month starting with the third quarter of 2011.…