Savoy Energy Corp. (SNVP.OB) Answers Questions about Eagleford Shale Formation
Savoy Energy Corporation, the Texas-based oil and gas company focused on bringing old well sites back to life, is actively working the Texas Cretaceous Trend, the largest single pool field in Texas. The company has a special interest in the Eagleford Shale Formation, which has a history of long-producing wells, and holds a number of properties in the Gonzales County area of southern Texas. Savoy feels it can pull from 5,000 to as much as 140,000 barrels from a single vertical well. In response to investor inquiries, Savoy has addressed the most frequently asked questions regarding their plans for Eagleford.…