California: Second Zaca field joint venture planned

Underground Energy Corp., Santa Barbara, Calif., signed a letter of intent with AmRich LLC, private Santa Maria, Calif., operator, under which AmRich will farm in on and have the right to earn up to a 75% working interest in Underground’s and its joint operating partners’ interest in 1,062 gross acres of the central southern section of the Zaca field extension project in Santa Barbara County, Calif.

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