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HINTO ENERGY, INC.
Oil production begins in Montana
DENVER, CO, October 22, 2013, HINTO ENERGY, INC. (OTCQB: HENI) announces the
commencement of oil producing operations at its Mason Lakes oil field in
Musselshell County, Montana.
George Harris, the Company's Chief Executive Officer, remarked, "We are
extremely pleased to begin producing oil from these recently acquired wells and
oil leases in Montana. After working over the field, we have been able to bring
our water source, water injection and production wells on line. Initial fluids
production is approximately 500 barrels per day with an oil cut of 5 to 10
percent. The Company is exploring enhancements to pumping methods to further
increase fluids production."
In addition to current production, the management believes that the Mason Lake
leases provide significant potential for the drilling of additional oil wells.
The Company is continuing to evaluate opportunities to expand its lease holdings
in the Musselshell County area.
Hinto Energy, Inc. engages in the exploration, acquisition, and development of
oil and gas properties, with properties in both Utah and Montana. The Company is
based in Arvada, Colorado.
Notice Regarding Forward-Looking Statements
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This press release may contain certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned
that such forward-looking statements involve risks and uncertainties, which
include among others, the inherent uncertainties associated with petroleum
exploration and development stage exploration companies including without
limitation, other risks detailed from time to time in the Company's periodic
reports filed with the Securities and Exchange Commission.
Contact Information:
Hinto Energy, Inc.
Gary Herick, Vice President - Finance
7609 Ralston Road
Arvada, CO 80002
(303) 647-4850
www.hintoenergy.co
