2nd Aug 2010 07:22
2 August 2010
RNS AIM release
DRILLING COMMENCES ON SEVENTH LEIGHTON DEVELOPMENT WELL
Texon Petroleum Ltd (ASX: TXN) has advised that the seventh Leighton well, Tyler Ranch #6, commenced drilling on 1 August 2010 and is currently at a depth of 70 metres. The well has a planned total depth of 2,743 metres (9,000 feet) and will take about 12 to 15 days to drill.
Global has a 15% working interest (11.25% net revenue interest) in 830.4 acres of Olmos reservoir at the Leighton Project.
Enquiries:
Global Petroleum Limited |
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Clint McGhie |
Tel |
+ 61 8 9322 6322 |
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Astaire Securities Plc (Nominated Adviser and Broker) |
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William Vandyk |
Tel |
+44 20 7492 4750 |
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