Drilling CompletedBonanza Resources Corp. has been informed by Western Oil & Gas that the Vern King 1-9 has been successfully drilled and completed to total depth. The well is currently producing at a rate of 2.2 million cubic feet per day with 10 barrels of oil flow per day. Bonanza has a 1.309642-per-cent working interest in the Vern King well. The Lasley Oil project covers 6,400 acres in which Bonanza has a 10-per-cent working interest.