Admiral Bay Resources Inc. is an emerging unconventional gas production company focused on development of projects in the Cherokee Basin in southeastern Kansas and the Appalachian Basin in Pennsylvania.
Development of the Company's projects began in March 2004. Admiral Bay currently holds leases totaling over 110,000 net acres in the two basins, with Proved Reserves of 32.6 Bcf (3P Reserves of 173 Bcf). The Company has drilled and/or reactivated more than 255 wells, with the first 175+ wells now connected to the pipeline and selling gas. Work to connect the remaining wells to the pipeline is ongoing and will continue be the Company's near term focus.
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