Mosman Rockingham Olmos Well
Mosman Rockingham Olmos Well

Brisbane, May 17, 2012 AEST (ABN Newswire) - The Texon Petroleum Ltd (googlechartASX:TXN) Wheeler #1 well has reached a depth of 7,604 feet.

The proposed total vertical depth of 9,200 feet is expected to be reached early next week at which time logs will be run.

If productive oil pay is indicated, the well will be cased in readiness for fraccing and testing operations.

Texon has a 95% Working Interest in the well.

For further information, please refer to the Company's releases of 19 April and 8 May 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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