SAN DIEGO--(BUSINESS WIRE)--Kabe Exploration Inc. (OTCBB: KABX) announces new Letter of Intent with Mazzullo Exploration, LLC & McLeod Exploration to acquire 320 Mineral lease acres in Butler County Kansas representing a 81% NRI. The plan is to drill shallow wells 3300-6000 ft. on a turnkey basis, which is a very low cost drilling program. We hope to achieve production of approx. 100-200 BPD for each well and we plan to drill 1 well initially and up to 7 wells if results from first one are positive.
About Kabe Exploration Inc.
Based in San Diego, California, Kabe Exploration Inc. is an oil & gas exploration and development company that acquires mineral rights in prolific shale plays for production.
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