Phoenix, March 15, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (OTCQB:MKSEF) (TSXV:MAH), CEO Archie Nesbitt, was recently interviewed on Uptick Newswire’s “Stock Day” podcast with Mr. Everett Jolly.
“Today we are welcoming back Archie Nesbitt, Chief Executive Officer of Marksmen Energy Inc.,” said Jolly. “The Company was with us in late November 2017, with a stock price of $0.07 and is now trading between $0.18 and $0.20.”
The Company operates in the Clinton Sandstone Formation in Ohio and is close to completing its first horizontal well. “The well we are working on is the longest horizontal well in the formation,” explained Nesbitt. “We are especially excited to have had oil flow to surface during the drilling process.”
Marksmen Energy has amassed a talented and experienced technical team for its pioneering horizontal drilling program. “Based on our studies, horizontal drills produce 15-times the amount of oil that vertical drills produce, and we are planning to complete between eight and ten wells this year,” continued Nesbitt. “Between our team and land positions, we are encouraged about the year to come.”
To listen to the full interview please click here to the following link: https://drive.google.com/file/d/1Jw1recsx_IJGz4A-5MJU5piqm0hqYQRQ/view
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain certain forward-looking information and statements, including without limitation, the closing of the private placement, statements pertaining to the use of proceeds, and the Company's ability to obtain necessary approvals from the TSX Venture Exchange. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Marksmen’s disclosure documents on the SEDAR website at www.sedar.com. Marksmen does not undertake to update any forward-looking information except in accordance with applicable securities laws.
About Uptick Newswire and the “Stock Day Podcast”
Uptick Newswire is a private company reaching out to the masses keeping investors and shareholders up to date on company news and bringing transparency to the undervalued, undersold, micro-cap stocks of the market and is the sole producer of the Uptick Network “Stock Day” Podcast. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire and has recently launched the Video Interview Studio located in Phoenix, Arizona.
Investors Hangout is a proud sponsor of Stock Day and Uptick Newswire encourages listeners to visit Marksmen Energy Inc. message board on: https://investorshangout.com/
Source: Uptick Newswire