Credo, Kansas, and Nebraska: Part of the North Dakota to Texas Renaissance Zone

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Credo Petroleum Corporation, an independent oil and gas exploration and production company with significant assets in North Dakota, Kansas, Nebraska, Texas and Oklahoma, updated its Kansas and Nebraska drilling project.

Michael D. Davis, Chief Executive Officer, stated, "We have recently discovered six new oil fields in Kansas and Nebraska which we expect to have a meaningful positive impact on Credo's reserves, production and cash flow.

"Nebraska is a relatively new oil play for Credo where there is more opportunity to apply our regional concepts to higher potential wildcat drilling compared to the Central Kansas Uplift. For the last three years, we have been working to prove our technical concepts prior to ramping-up drilling to a level similar to our Kansas project.