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Dennis R. Kittler receives the Worldwide Who’s Who Lifetime Achievement Award

FOR IMMEDIATE RELEASE

PRLog (Press Release)Jun. 24, 2014HOUSTONPresident of Fossil Oil Company LLC, Dennis R. Kittler, has been awarded the Lifetime Achievement Award.

Lifetime Achievement AwardWorldwide Who’s Who, for over 15 years, has been the leading personal branding company that has open doors and enables professionals to reach their career goals by highlighting their achievements. Worldwide Who’s Who has created the Lifetime Achievement Award to spotlight professional individuals who have distinguished themselves throughout their lives. In June 2014, Worldwide Who’s Who Lifetime Achievement recognized Fossil Oil Company’s President, Dennis R. Kittler, who has been considered, over the last 39 years, achieved greatness in the oil and gas investment industry and outstanding professional dedication and career longevity.

Fossil Oil Company, LLC is an independent oil and gas investment, exploration and production company, with top management collectively bringing more than 130 years of experience to generating oil and gas drilling investments and managing their operations from drilling through production

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Fossil’s Geologist, Don Timko and Rio Bravo Energy’s Geologist, Bert M. Graham reviewing the technical data.

Fossil Oil Company, LLC of Houston, Texas has initiated discussions and negotiations for the rights to participate in drilling possibly up to 200 natural gas wells on approximately 10,000 acres in Edwards County, Texas just 120 miles west of San Antonio near Rock Springs City, Texas.  This could be a great opportunity for some great oil & gas joint ventures. Fossil’s President, Dennis R. Kittler, reported that this project would involve drilling 2 to 3 initial test wells early in 2013 down to 7,000’ to perfect the staged fracturing process of these lower Pennsylvanian aged Holman (Strawn) gas sands.  The Holman sand package can be as thick as 800 gross feet and contain up to 7 Billion Cubic Feet of high BTU gas after being fractured.  Kittler commented that the economics of this project are exceptional since these wells will be drilled with air rather than conventional drilling fluids (mud).  There is also an existing 6” pipeline that crosses the acreage ready to take all the gas that can be produced to market.  Fossil’s Geologist, Don Timko remarked that the high BTU natural gas has been proven up in the Val Verde Basin, but, the critical component will be to maximize the recoverable reserves with a successful frac stimulation process.

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