Circle Star Energy Corp. (OTCBB: CRCL) has engaged Hawkeye Geosensing, Ltd. (“Hawkeye”) to evaluate a high-graded subset of CRCL’s leases in Northwest Kansas. Specializing in geothermal analysis based upon digital spectral satellite imaging, Hawkeye will provide Circle Star Energy an analysis identifying potential areas of formation rock saturated with hydrocarbons.
CRCL CEO Jeff Johnson stated, “Engaging Hawkeye is another measure CRCL is undertaking to assist in garnering the best and most accurate picture of the hydrocarbon landscape in Northwest Kansas. With each technical evaluation CRCL moves a step closer to commencing drilling operations.”
The high-graded acreage to be evaluated by Hawkeye was identified as a result of the ongoing geological and engineering analysis being conducted by CRCL and its independent engineering firm, LaRoche Petroleum Consultants, located in Dallas, Texas.
About Circle Star Energy Corp.
Circle Star Energy Corp. is a performance-driven exploration & production company that is developing exposure to high-impact, large scale oil & gas plays via operated and non-operated positions; while establishing and building a base of low-risk, solid return and operated working interests.
CRCL is continuing its efforts in expanding its exposure in Northwest Kansas, which is also being pursued by other energy industry participants such as Chesapeake Energy Corp. (NYSE: CHK), Encana Corp. (NYSE: ECA), SandRidge Energy Inc. (NYSE: SD) and Apache Corp. (NYSE: APA).
For more information on CRCL’s unconventional resources initiative, please visit http://www.circlestarenergy.com/investors/stock-information.
For further information, news and updates, visit Circle Star Energy:
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