G2 Energy Announces Operator on Record of Masten Unit
Vancouver, British Columbia – July 26, 2023. G2 Energy Corp. (CSE:GTOO, FWB:UD9) (the "Company" or "G2") is pleased to announce today, that further to its news releases date June 12, 2023 and July 18, 2023, it has appointed Oilwell Operators Inc., of Pampas Texas (“Oilwell Operators”) to be the Operator on Record of its cornerstone producing asset, the Masten Unit in Cochran County. Oilwell Operators has been registered as such, with the Railway Commission, until the license can be officially transferred to G2 Energy Corp.
Oilwell Operators, Inc. is a 4th generation Texas based oil and gas upstream company. Established in 1969, but with roots tracing back to 1922, Oilwell Operators has operated thousands of wells throughout Texas, Oklahoma, and Kansas. Oilwell Operators has a proven track record based on decades of experience, learned efficiencies, and a philosophy of trust in people and processes.
RJ Cree, President of Oilwell Operators commented “We view our clients as our partners. As such, Oilwell Operators is committed to ensuring our partner’s properties produce at the highest quality level.”
Slawek Smulewicz, CEO of G2, added “The Oilwell Operators team has already made an immediate impact on our production in the last 24 hours. The benefits of working with an experienced team like Oilwell Operators are significant in terms of fast-tracking production increases and on the ground assistance with the identification of future local opportunities. We look forward to developing a long term and successful partnership between G2 and Oilwell Operators.”
On Behalf of the Board,
“Slawek Smulewicz” Slawek Smulewicz
For further information, please contact:
John Costigan VP Corporate Development
O: +1 604 620 8589
About G2 Energy Corp.
G2 is a junior oil and gas producer listed on the CSE exchange. It's primary focus is to acquire and develop additional overlooked, low risk, high return opportunities in the oil and gas sector. G2's strategy is to obtain a portfolio of risk-managed production and development opportunities onshore, U.S.A. In May 2022, G2 acquired the Masten Unit in the Permian Basin, Texas. The Masten Unit is the Company's first producing asset. G2 is targeting top tier projects with operating netbacks and infrastructure facilities which will fast track overall oil and gas production growth.