ASX/Media Release
9 January 2012
AusTex Oil LimitedA.C.N. 118 585 649
ASX: AOK OTCQX: ATXDYLevel 56, MLC Centre
19-29 Martin Place
Sydney NSW 2000
Telephone +61 2 9238 2363
Fax +61 2 8088 7280
ContactDaniel Lanskey Managing Director dan.lanskey@austexoil.com
Websitewww.austexoil.com
DirectorsDr Peter Power (Chairman)
Kwang Hou Hung (Deputy Chairman) Luis Vierma (Non-executive Director) Daniel Lanskey (Managing Director) Richard Adrey (Executive Director) Kay Philip (Non-executive Director)
Company SecretaryJustin Clyne
Tel. +61 2 9238 2363
About AusTexAusTex Oil Ltd (ASX: AOK) is an Exploration
and Production company that is focused on the development of oil and gas leases in the USA. The company produces oil and gas in Oklahoma and Kansas. AOK holds interests in
~70,000 acres of oil and gas leases, including
acreage in the exciting Mississippi Lime play in
Northern Oklahoma and Kansas.
AusTex Oil reports production testing on 2nd Mississippi Lime well in Northern Oklahoma ETU #14-5 Well 14 day IP averages 85 boe/d Snake River Project - 6,000 acres Northern Oklahoma AOK 100% WI ~80% NRI ETU #15-4 - Initial Production Update
AusTex Oil Limited is pleased to announce the the following
update on production testing on the ETU #14-5 well located on
the East Tonkawa Unit in Kay County Oklahoma. The well has
now been tested over a 14 day period with an electric
submersible pump. During the test period the well produced an
average of average of 85 boe/d with 70 bopd and 90 mcf of gas
per day.
A further update will be advised after 30 day testing period
has been completed.
The ETU #14-5 and #15-4 are part of a planned 10 vertical
well program to develop the Mississippi Lime formation. The
data from the initial vertical well program will be used to
finalise locations for horizontal development planned during
calendar
2012.
For Further Information - Please contact
Level 56, MLC Centre, 19 Martin Place, Sydney NSW 2000
Tel. 02 9238 2363 Fax 02 8808 7280
distribué par | Ce noodl a été diffusé par AusTex Oil Limited et initialement mise en ligne sur le site http://austexoil.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-09 09:14:50 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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2nd Miss Lime Well Initial 14 Day Production ave 85 BOE/D |