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Thu, 29 Jun 2006 14:52:00 PDT
EDMOND, OK (MARKET WIRE) Bedford Energy, Inc. (PINKSHEETS: BFDE) (Cusip 076110 105) is pleased to announce that the company has begun drilling the Grace #1 Well, the first of five wells slated for the East Chandler Prospect. The target depth is 4900 feet for the primary pay zone, Hunton Formation, with a secondary zone, the Red Fork Formation, which also appears promising. The rig will remain in the field to achieve certain
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