Fifth Eagle Ford Well
Brisbane, May 8, 2012 AEST (ABN Newswire) - Texon Petroleum Ltd's (
ASX:TXN) fifth Eagle Ford well, Peeler EFS #1H (a lease commitment well), began drilling operations on 6 May 2012. The well is expected to take 25 days to reach its total depth after drilling 4,200 feet of horizontal section. The well will then be cased, fracced and connected for production.
Texon has an 82.2% WI (61.6% NRI) in the well.
Please also refer to the Company's release of 19th April 2012.
Clifford S. Foss, President of Texon Petroleum said "Texon's fifth Eagle Ford well is scheduled to be fracced and connected for production in mid July 2012".
Contact
Texon Petroleum Ltd
T: +61-7-3211-1122
F: +61-7-3211-0133
E: texon.info@texonpetroleum.com.au
WWW: www.texonpetroleum.com.au
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