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Sydney, June 14, 2012 (ABN Newswire) - AusTex Oil Limited (
ASX:AOK) (
OTCQX:ATXDY) attaches its latest company presentation, 'The Mississippian. A World Class, Low Risk Shallow Oil Play'.
Introduction:
- Highly prospective acreage USA Mid Continent
- 23,000 net acres in Prolific Mississippi Lime Play
- World Class Reservoir
- Growing oil production from
- High graded drill targets in a proven area
- Fast Tracking Development
- Funding in place to continue well defined drilling program
- JV partnership opportunities
- Multiple projects
Strong technical team and Board with extensive success and experience
- TSX dual listing progressing
- Target 2nd Half 2012
To view the AusTex Oil Presentation, please click the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-AOK-682249.pdf
ASX:AOK) (
OTCQX:ATXDY) attaches its latest company presentation, 'The Mississippian. A World Class, Low Risk Shallow Oil Play'.Introduction:
- Highly prospective acreage USA Mid Continent
- 23,000 net acres in Prolific Mississippi Lime Play
- World Class Reservoir
- Growing oil production from
- High graded drill targets in a proven area
- Fast Tracking Development
- Funding in place to continue well defined drilling program
- JV partnership opportunities
- Multiple projects
Strong technical team and Board with extensive success and experience
- TSX dual listing progressing
- Target 2nd Half 2012
To view the AusTex Oil Presentation, please click the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-AOK-682249.pdf
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About AusTex Oil Limited
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.
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