2 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 | ||
Clint McGhie | Tel | + 61 8 9322 6322 |
| global.info@globalpetroleum.com.au | |
Astaire Securities Plc (Nominated Adviser and Broker) | ||
William Vandyk | Tel | +44 20 7492 4750 |