(Effective date June 2, 2014)
RENO, NV, June 3, 2014 /CNW/ - FormCap Corp. ("FormCap" or "the Company") (OTCQB: FRMC) announced today that a Notice of Intent to Drill has been submitted to the Kansas Corporation Commission (KCC) with an effective date June 2, 2014. The well name and number is Lil-Bobby #1-28, located in Cowley County, Kansas; land description: 2300' FSL 330' FEL, Sec 28-30S-6E at a depth to 3600 feet. The approximate commence date is July 8th and subject when the rig is next available.
Cowley County, Kansas has been a prolific oil producing county for many years and has produced over 183 million barrels of oil. Formcap's 2400 acres of prospective oil & gas leases in Cowley County, Kansas, specifically the initial Lil-Bobby #1-28 well is surrounded by million barrel fields. To the north of the Company's leases is the Atlanta Fields which has produced over 1 million barrels of oil, to the South is the Burden Fields which has produced over 3.2 million barrels of oil and the Eastland Fields have produced 3.5million barrels of oil. This information is publically available via Kansas Geological Survey.
Additional information can be found at the Company website: www.formcapcorp.com
On behalf of the Board of Directors,
FormCap Corp. (OTCQB: FRMC)
Signed: 'Graham Douglas'
SOURCE: FormCap Corp.
For further information: Graham Douglas, CEO, FormCap Corp., 50 West Liberty Street, Suite 880, Reno, NV 89501, T: +1(775) 285-5775, F: +1(775) 285-5776, firstname.lastname@example.org