Nevada

A newly listed UK company is attempting to mount an exploration effort in the Great Basin in northeastern Nye County, Nev., north of oil production in Railroad Valley.

By OGJ editors
HOUSTON, Feb. 12
– A newly listed UK company is attempting to mount an exploration effort in the Great Basin in northeastern Nye County, Nev., north of oil production in Railroad Valley.

U.S. Oil and Gas PLC, Dublin, holds 5,200 acres in Hot Creek Valley, just northwest of Railroad Valley. The company has completed a surface geochemical survey on the Eblana prospect area and plans to integrate the results with existing gravity and magnetics and well data to locate a drill site.

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