CROSSVILLE, Tenn., Nov. 10, 2009 (GLOBE NEWSWIRE) -- TN-K Energy Group Inc.
(Pink Sheets:TNKY) announced today that the company commenced drilling
operations on the David Irwin Well #1 on November 9, 2009. The maximum depth of
the known producing formations in the immediate area is approximately 2,000
feet. The company anticipates completion of drilling operations within 10 days.
"We feel this lease has great potential due to several producing wells in the
immediate area," said Ken Page, the company's President. There are several
producing wells in six known formations within approximately 5,000 feet of this
lease. The known producing formations are the Granvelle, Sunnybrook, Stones
River, Murfreesbro, Wells Creek and the Knox formations
About TN-K Energy Group Inc.
TN-K Energy Group Inc. is an independent energy company that has recently begun
operations in the energy sector through the leasing of acreage in Tennessee and
Kentucky. It is our intent to expand our operations to include the sale of oil
and natural gas and the leasing of additional properties for oil, natural gas
and coal production. Presently, our assets include the leases for approximately
43 acres in Kentucky and Tennessee.
This press release contains "forward-looking statements." Forward-looking
statements include, without limitation, any statement that may predict,
forecast, indicate, or imply future results, performance or achievements, and
may contain the words "estimate," "project," "intent," "forecast," "anticipate,"
"plan," "planning," "expect," "believe," "will likely," "should," "could,"
"would," "may," or words or expressions of similar meaning. Such statements are
not guarantees of future performance and could cause the actual results of TN-K
Energy Group to differ materially from the results expressed or implied by such
statements, including, but not limited to, the company's ability to enter into
one or more leases for oil, gas and coal properties, the ability to obtain
audited financial statements as necessary on these properties, compliance with
Federal securities laws, and other factors. Additional information regarding
risks can be found in TN-K Energy Group's Annual Report on Form 10-K and its
other filings with the SEC. Accordingly, although TN-K Energy Group believes
that the expectations reflected in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be
correct. TN-K Energy Group has no obligation to update the forward-looking
information contained in this press release.
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CONTACT: TN-K Energy Group Inc.
Ken Page, President
(931) 707-9599
