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| | June 29, 2006 Wentworth Energy Nears Completion of its 12,000-foot Well in Polk County Texas
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| | Fort Worth, TEXAS -- COMPANY RE-ENTERS WELL AND SETS STAGE FOR RE-STIMULATION -- Wentworth Energy Inc. (OTCBB: WNWG) announced today that it is nearing completion of its 12,450-foot deep prospect well in Polk County, Texas. The Company, which owns an 80 percent working interest in the well, is currently completing a $1.6 million re-entry program on the well located eight miles north of Livingston, Texas.
The well has now been re-entered with fracing scheduled to re-stimulate the12,450-foot well in the Woodbine Sand formation. The well being re-entered tested oil and gas on the original completion attempt.
John Punzo, Chairman and CEO of Wentworth Energy, stated: "If the fracing is successful, this high quality prospect could provide Wentworth Energy with an excellent opportunity to see a significant return on our investment."
The well has been re-entered and re-perforated, as it continues through completion stages. Tubing has been run and a packer has been set, preparing the well to be re-stimulated.
About Wentworth Energy, Inc.
Wentworth Energy Inc. is a diversified energy company focused on the responsible development of America's natural resources while maximizing shareholder value. Wentworth Energy applies innovative technologies toward the discovery and development of a diverse portfolio of high-value, low-risk energy projects in North America, including the oil and gas fields of East Texas and the Gulf Coast. Wentworth Energy trades under the ticker symbol WNWG. For more information on the Company visit www.wentworthenergy.com
For more information contact:
Investor Relations:
Wentworth Energy, Inc.
Tel: 800-725-9149
Fax: 817-288-0983
investors@wentworthenergy.com
www.wentworthenergy.com
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words "expects," "projects," "plans," and certain of the other foregoing statements may be deemed "forward-looking statements." Although Wentworth Energy believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release. These include risks inherent in the drilling of oil and natural gas wells, including risks of fire, explosion, blowout, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in oil and natural gas drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations; risks with respect to oil and natural gas prices, a material decline in which could cause the Company to delay or suspend planned drilling operations or reduce production levels; and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in oil and gas prices and other risk factors. |
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| | You can view the Next News Releases item: Tue Jul 25, 2006, Wentworth Closes $30,850,000 Institutional Private Placement
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