The closing of the second out of four tranches of JayHawk’s $1.5 million debenture financing was announced earlier this morning by President Marshall Diamond-Goldberg. Proceeds from this totaled $600,000.00 and will be used to further plans to drill the first two wells in JayHawk’s multiwall development program on its Crosby, North Dakota Madison Formation oil pool.
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About JayHawk Energy, Inc.
JayHawk Energy, Inc. is a managed risk, oil and gas exploration/exploitation, development and production company with activities focused on two major projects in the Cherokee Basin, Kansas and the Williston Basin, North Dakota.
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