Seminole Energy Services Signs Deal

Kentucky USA Energy Inc. signs gas gathering and treatment agreement with Tulsa-based Seminole Energy Services LLC.
Financial details were not announced.
The agreement provides for the gathering and treatment by Seminole of Kentucky USA’s natural gas production from its New Albany Shale project in western Kentucky. Together, the Kentucky USA and Seminole will begin the final phases of work to interconnect the company’s field gathering lines with Seminole’s Olive Grove Gathering and Treatment Facility.
The Olive Grove System is jointly owned by Seminole and Daugherty Petroleum Inc., and is managed by Seminole. The Kentucky USA expects to complete the interconnection within 30 and to sign a base contract for the Sale and Purchase of Natural Gas with Seminole within the next 15 days.
“This is a great opportunity for us as we partner up with Seminole on our New Albany Shale project,” said Steven Eversole, CEO of Kentucky USA Energy. “We believe that this strategic alliance will allow for efficient production and maximum sale of natural gas from this project for many years to come.”
“This is an exciting project and we welcome the opportunity to work with Kentucky USA Energy,” remarked Robert B. Rosene, Jr., President of Seminole Energy Services, LLC. “Through our investments in gathering and treatment facilities and producer alliances in the area, such as this one with Kentucky USA Energy, we hope to serve as a catalyst for the further development of New Albany Shale production and other gas resources in western Kentucky.

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