Crude Energy Announces Availability of Blue Wolf #1 in the Permian Basin

DALLAS--()--Crude Energy LLC, a Dallas-based exploration and production company offering oil and gas investment opportunities through oil and gas direct participation working interests, has made available the Blue Wolf #1 in the Permian Basin. The primary objective of the Blue Wolf #1 is the Lower WolfCamp with other potential zones including Cisco, Canyon, Cline, Strawn, Mississippian, Fusselman, Montoya and Ellenburger.

“The prospect shows promising geological potential, with good porosity and permeability, and we are optimistic about our chances for success.”

Crude Energy is now accepting advanced investments from accredited investors for this prospect, which is projected to begin drilling on 12/15/2014 and has an estimated completion date of 1/30/2015.

The Blue Wolf #1, an 8,600’ test well targeting the Lower Wolfcamp at 5600 feet, includes the Cisco, Canyon, Cline, Strawn, Mississippian, Fusselman, Montoya and Ellenburger formations as secondary objectives.

Crude Energy President Parker Hallam stated, “We have a proven track record of success in the Permian and we have no doubt that the Blue Wolf will add production and value to our portfolio.” Hallam added, “The prospect shows promising geological potential, with good porosity and permeability, and we are optimistic about our chances for success.”

Crude Energy currently holds several oil & gas exploration projects across the United States, with primary focus in the Permian Basin, the Eagle Ford Shale, and the Bakken Shale. To learn more about the company, including investment opportunities, visit Crude Energy at http://www.crude.com.

About Crude Energy, LLC

Based in Dallas, Texas, Crude Energy, LLC is an independent (non-integrated) oil and natural gas company founded on the fundamental principles of applying state-of-the-art petroleum and natural gas exploration and extraction technology to the development of onshore oil and natural gas projects. Focus areas include Texas, Oklahoma, and Louisiana. Crude Energy offers oil and gas investment opportunities through direct participation programs and direct participation working interest, which enable investors to participate in the potential cash flow and unique tax benefits associated with oil and gas investments. Especially important in a downturned economy, oil and gas investments allow savvy investors to diversify and reinforce their investment portfolios with a stable commodity that is in steady demand.

Contacts

Crude Energy
Jennifer Jones
Director of Public Relations
214-716-2200
jjones@crude.com

Crude Energy LLC