Lost Soldier Oil and Gas is Approved as Operator of the Wild Mustang Federal Unit
Today, Lost Soldier Oil and Gas was approved as the successor operator of the Wild Mustang Federal Unit. Taking over from International Petroleum Exploration and Operating Company, Lost Soldier now has the responsibility of operating the federal unit. That responsibility entails developing the unit for all partners, in a prudent manner. In short, Lost Soldier will submit a development plan yearly to the Bureau of Land Management and will have operational authority over all aspects of the development of the unit. This is a milestone for the Company, and we look forward to developing the large oil and gas resources within the Wild Mustang Unit for the benefit of all stakeholders.