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Northern Minerals & Exploration Ltd.: NMEX Increases Ownership in West Lenapah Gas Project


Northern Minerals & Exploration Ltd.: NMEX Increases Ownership in West Lenapah Gas Project
SALT LAKE CITY, UT / ACCESSWIRE / April 20, 2021 / Northern Minerals & Exploration Ltd. (OTC PINK:NMEX) entered into an agreement to increase its ownership percentage of Calihoma Partners LLC. on April 13, 2021. Calihoma Partners LLC owns 60% of the West Lenapah Gas Project. The following provides information on the West Lenapah Natural Gas Project in Nowata County located in Northeastern Oklahoma:
West Lenapah Natural Gas Project:
The West Lenapah Gas Project is a joint venture project to operate, produce and develop a natural gas asset covering approximately 40,000 gross acres, and 22,500 net acres of largely contiguous leasehold and 1200 miles of associated gathering lines. A total of 86 wellbores are on this acreage of which currently 25 are producing 250 to 300 MCF of natural gas per day. ....

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Northern Minerals & Exploration Ltd.: NMEX Provides West Lenapah Gas Project Update


Northern Minerals & Exploration Ltd.: NMEX Provides West Lenapah Gas Project Update
West Lenapah Natural Gas Project:
Natural gas sales from the West Lenapah Project increase as the project continues to bring more wells online since September 1, 2020. The short-term plans over the next three months are to rework and bring into production approximately 12 more gas wells in the West Lenapah area, which is projected to add an additional 500 MCF per day and by the end of 2021 plans are to be operating and producing a total of 70 wells producing between 1500 and 2000 MCF per day.
A reservoir engineer has been engaged to conduct a reserve report on the West Lenapah Gas Project. Upon completion of this report the results will be reported to the Company s shareholders. ....

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