Force Energy Corp. was pleased to announce this morning that it has acquired a full 50% working interest in the Diamond Springs Prospect. The 3,300-acre shallow oil prospect is located within the Wind River Basin in Fremont County, Wyoming.
According to the press release, independent 3rd party geologic work has concluded that the three independent but geologically similar prospective locations that comprise the property has the potential for 4.3 million barrels of oil from depths of less than 1,100 feet. The companyâ€™s management team believes that the prospect is an exciting project with more than 70 possible drill locations.
“We are pleased to announce our 50% stake in the Diamond Springs Prospect,” stated Rahim Rayani, President and CEO of Force Energy Corp. “We have taken a considerably bigger piece of the pie while managing our risk and look forward to teaming up with our working interest partners in bringing this prospect into production.”