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Bedford Energy, Inc.: Bedford Energy Announces Excellent Shows for Grace #1

Wed, 12 Jul 2006 7:40:00 PDT

EDMOND, OK (MARKET WIRE) Bedford Energy, Inc. (PINKSHEETS: BFDE) (Cusip 076110 105) is proud to announce that its Grace #1 well has reached TD (total depth) and casing was set at 5,111 feet through the Hunton formation. Excellent shows were observed in three commercial formations during the drilling process. The well is scheduled to begin completion on Friday July 15.

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