Wednesday, June 14, 2006
Springs company drilling for black gold
Colorado Springs-based OAG Resources has begun work on 30 oil and gas wells at its Walbridge property in Lawrence County, Ky., with completion scheduled for later this summer. The first nine wells have reached total depth of 2,700 feet and are productive. OAG President Keith Welch said the company plans to to drill 60 plus wells this year.