Heartland Energy Colorado Development Of Denver Tech Center

Heartland Energy Development Corporation -- a leader in domestic oil and gas exploration and production -- has enlarged its drilling operations to include a 100 percent interest in the Cerda #1 natural gas well in Jim Hogg County, Texas. The rig is located adjacent to the Northeast Thompsonville Field, which is the most sizable Wilcox gas field in the state. According to a survey performed by the Texas Economic Geology Commission, the field produces more than 650 CBF of gas with a total 850 EUR. Heartland Energy Development Corporation currently has 860 acres under lease, with an option to lease an additional 800 acres directly from the property owner. The institution is collecting 3D seismic data to determine the field's long term potential. HEDC or Heartland Energy Colorado also has a working interest position in the Margo Heirs Field in Starr County, Texas. The company has participated in drilling Margo Heirs wells 1-4, and plans toengage in the production of two more wells during the first half of 2009. The field's primary output comes from the Vicksburg series sands at 6,500 to 8,000 feet in depth. For the past six months, the average output of gas for the first four wells has remained steady at 10 MMcfd Millions of cubic feet per day. Well #2 is especially productive, yielding more than 10 MMcfd with 200 BCPD billion cubic feet per day.