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Article: Texon Petroleum Limited (ASX:TXN) Fifth Leighton Well At Tyler Ranch #4 Olmos Production And Eagle Ford Oil And Gas Potential
- Article from:
- abnnewswire.net
- Article date:
- September 11, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
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Texon Petroleum Limited (ASX:TXN) advises that it plans to drill a fifth Leighton Olmos production well and that the well will be deepened to investigate whether the Eagle Ford Shale contains producible oil and gas at Leighton.
Leighton - Olmos
The Olmos is the oil and gas productive reservoir in the first three producing Leighton wells (Peeler #1, Tyler Ranch #1 and Tyler Ranch #2) and is the target for the fourth (Tyler Ranch #3) and fifth (Tyler Ranch #4) Leighton wells.
Tyler Ranch Nos. 2, 3, and 4 are on three (3) of the 12 Proved Undeveloped well locations which made up part of the Company's mid year proved reserves of 1.1mmboe. The test result of Tyler Ranch #2 was reported earlier ...