Xtreme Oil & Gas, Inc. (OTCQB:XTOG) has finished its preliminary Hydraulic Fracturing operations in Kansas.
As quoted in the press release:
Xtreme Oil & Gas and its partners have employed a low risk horizontal drilling program combined with a multi-stage hydraulic fracturing technique in an effort to produce the remaining recoverable oil in these locations.
Xtreme Oil & Gas’s CEO, Willard McAndrew stated:
Kansas represents a significant opportunity for the Company and its partners as we look to shift into production and capitalize on the geologist estimated 3.7 million barrels of recoverable oil.