Drake Energy (TSX VENTURE:DPE)reported that its oil program at Sousa included the re-entry of a horizontal well at 01-24. The well is currently producing over 120 BBLD of light sweet crude oil.

The press release is quoted as saying:

Drake Energy Ltd. is active in oil and gas exploration and development in Alberta. Headquartered in Calgary, Alberta, Canada, the Company is publicly traded on the Toronto Stock Exchange Venture Board under the stock symbol DPE.V.

Click here to access the entire press release ^[1]