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Enhanced Oil Resources Initiates Lateral Drilling Program

Enhanced Oil Resources Inc. (EOR.V) reported today that the three well lateral drilling program at the company's wholly owned Milnesand San Andres oil field has commenced.

Following this initial three well program the Company will review the results, and, if appropriate, will begin planning for a larger second program to begin in the fourth quarter of 2012. In total, the Company has over 70 infill locations to drill at Milnesand. The infill drilling program is a precursor to the ultimate goal of implementing a field wide CO2 flood at Milnesand that is expected to commence no later than September 2015.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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