Sydney, Jan 16, 2012 (ABN Newswire) - AusTex Oil Limited (ASX:AOK) is pleased to report the oil and gas production for the 3 months ended 31 December 2011.
As reported earlier this month, production testing has now been completed on 2 new Mississippi Lime wells in Northern Oklahoma with oil and gas sales underway. The group's oil and gas production for the first 14 days of January averaged 215 boe/d net to AOK from its leases which represents a 50+% increase over the previous month.
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Month Total Production Average Daily
BOE Production
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October 3,537 114
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November 3,459 116
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December 4,180 135
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For Further Information - Please contact Daniel Lanskey, Managing Director, Australia at Tel: +61-2-9238-2363
AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is an Australia-based company. The Company is engaged in the development of oil and gas leases in the United States. It produces oil and gas from leases in Oklahoma and Kansas. It is also engaged in the exploration, development and production of hydrocarbons in the United States. Its wholly owned subsidiaries include International Energy Corporation (Oklahoma), International Energy Corporation (Kansas) and Well Enhancement Services LLC. During the year fiscal year ended March 31, 2009 (fiscal 2009), the Company was engaged in the drilling of three wells on the Lancaster Lease group, Tulsa County; two wells on the Sweet Unit, Pawnee County, and one well on the BlueHawk Project in Osage County.
Contact
Daniel Lanskey Managing Director Australia Tel: +61-2-9238-2363
ASX:AOK) is pleased to report the oil and gas production for the 3 months ended 31 December 2011.
AusTex Oil Limited
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