Ameriwest Energy Corp. (AWEC.OB) Announces Agreements to Proceed with Drilling
Today, Ameriwest Energy Corp. announced the inking of final, requisite drill-site agreements towards the spud of the Ameriwest Fee #1 well. The company plans to drill to a targeted depth of approx. 7,000 feet over a 10-day to 2-week period. Once a discovery is made, Ameriwest intends to complete the well within seven days of the discovery. Company President Walter Merschat stated, "As predicted, we have been able to move quickly to spud, and I'm looking forward to what we believe will be very positive results in the near future. As mentioned previously, I have been studying this region closely…