Two of Team Resources' Kansas Wells Hit Oil and Gas
Team Resources' Direct Participation Program Natural Gas & Oil Choice
Development Fund I, L.P. Will Soon Begin Oil and Gas Production
VENTURA, Calif. (Business Wire EON/PRWEB ) March 25, 2008 --
Team Resources, Inc. an
independent oil and gas
company is excited to announce that its limited partnership Natural Gas
& Oil Choice Development Fund I, L.P., will soon begin oil
and gas production in Kansas.
Team Resources' Direct
Participation Program, Natural Gas & Oil Choice Development Fund I,
L.P., discovered oil
and gas at their Schomaker #2 and Ford #3-13 wells located on the
eastern edge of the famous Hugoton Gas Field in southern Kansas.
“Production casings have been set and we are
now waiting on the completion rig before we can put these wells into
production. We expect production to begin by May, and participants can
expect revenue distributions by late summer”
said Kevin A. Boyles,
President & CEO of Team
Resources and General Partner of Natural Gas & Oil Choice
Development Fund I, L.P.
Drilling has now begun on the Smith #3-26. If drilling results are
successful with this well, the Company expects to begin oil
and gas production by June, with revenues to follow soon after.
About Team Resources, Inc.
Team Resources, Inc, a
Ventura California based oil
and gas company, was founded in 2002 by Mr.
Kevin A. Boyles. The Company, with over 100 years combined
experience in oil and
gas, specializes in developmental drilling and production of ‘Proven
Under Developed’ reserves. Team
Resources sponsors Direct Participation Programs for accredited
individuals to have direct ownership, entitling them to cash flows
generated by these development sites. All of the Company’s
Programs offer Federally Approved "flow through" Tax Benefits directly
to the participants. Team
Resources through its offices in Houston, Texas, manages various
projects in development and production in California, Kansas, Louisiana,
Oklahoma and Texas. To learn more about Team
Resources, Inc. visit: www.TeamResources-Inc.com
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