EnerJex Resources, Inc. (ENRJ) Acquires Kansas Oil Property for $245,000
Today, domestic onshore oil company EnerJex Resources, Inc. announced that it has acquired an oil property in Eastern Kansas for $245,000. The property is close to EnerJex’s existing operations. It consists of 280 undeveloped acres and has the potential to host approximately 110 oil wells, nine of which already been drilled and cased with a 100% success rate. To date, all of the existing wells have encountered two separate oil zones. In the next few months, EnerJex will comingle both zones and commence production relating to this property. EnerJex made it known that it is actively leasing additional acreage in…