Ziyen Energy, a division of Ziyen Inc. continues success as the company wins its third oil contract in the Illinois basin in Indiana. The Big Bill lease sits on over 140 acres of land in Gibson County, Indiana.
The Big Bill lease could potentially contain more than 500,000+ barrels of crude oil reserves contributing to the company goal of acquiring USD 500M in oil reserves in 2018.
In 2017, Ziyen Energy acquired two oil leases, one of which contains probable and proven oil reserves that are estimated in excess of USD 36M dollars. Oil samples and geological reports have been carried out and Ziyen Energy plans to begin oil production in the summer of 2018.