Texon Petroleum Ltd (ASX:TXN) to Begin 4th Eagle Ford Well Testing
Brisbane, Oct 11, 2011 AEST (ABN Newswire) - Texon Petroleum Ltd (
ASX:TXN) advises that its fourth Eagle Ford well (Hoskins EFS #1H) has been successfully fracced over 16 stages using the same operational procedures as were applied to our third Eagle Ford well (Tyler Ranch EFS #2H).
Production testing of the fourth well will now begin with the Initial Test rate expected to be available early next week.
The location of the Hoskins EFS #1H well is shown on the attached map:
http://media.abnnewswire.net/media/en/docs/ASX-TXN-235955.pdf
Texon has a 100% WI in the cost of the well and a 71.25% NRI in the production.
Contact
David Mason
President & CEO
Email: dave.mason@texonpetroleum.com.au
John Armstrong
Chairman
Email: john.armstrong@texonpetroleum.com.au
Website:
http://www.texonpetroleum.com.au
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