Oil well drilling suspended
Empire Petroleum Corp. said last week it suspended drilling at a wildcat oil prospect in Nye County.
The company based at Oklahoma City said the geology of the well proved more complicated than expected, and it’s taking at least three weeks to analyze the data before it decides whether to continue. The drilling reached 5,198 feet before it was suspended.
The regional building and population boom continues to favorably impact operations at Northern Nevada financial institutions. The thousands of new residents moving to the Truckee Meadows need to finance homes or new businesses, and all regional bankers really need to do is just put on a catcher’s mitt to snag the flow of business from people and companies moving in from California.