First Eagle Ford Well Update

RNS Number : 3238X

Global Petroleum Ltd

03 December 2010

 



3 December 2010

RNS AIM release

Global Petroleum Limited - First Eagle Ford Well - Testing Programme Begins

Texon Petroleum Ltd (ASX: TXN) has advised that fracture stimulation and testing of the first Eagle Ford lateral well (TR EFS #1H) commenced on Thursday 2 December, 2010 (Houston time).

The overall programme of fracture stimulation of the well and recovery of the frac fluid is expected to take about two weeks and at the end of which the well will be production tested.

Global has a 7.939% working interest (5.95% NRI) in the well.

Enquiries:

Global Petroleum Limited
Clint McGhie	Tel	+ 61 8 9322 6322
	Email	[e-mail]
Northland Capital Partners Limited (Nominated Adviser and Broker)
William Vandyk	Tel	[phone]

 

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