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Second Eagle Ford Well Update

24 Aug 2011 07:24

RNS Number : 9332M

Global Petroleum Ltd

24 August 2011

RNS AIM release

Global Petroleum Limited - Second Eagle Ford Well -Testing Begins

Texon Petroleum Ltd (ASX: TXN) has advised that the second Eagle Ford well in which Global has an interest (Tyler Ranch EFS #2H) has been successfully fracced over 17 stages and will now be tested. The recovery of frac fluid will probably take a few days after which Texon will conduct a proper flow test of the well.

Global has a 7.939% working interest in approximately 1,651 acres beneath the Olmos formation including the Eagle Ford Shale. Global's interest in the Leighton prospect also includes a 15% working interest in approximately 873 acres from the surface down to the stratigraphic equivalent of the Olmos formation.

Enquiries:

Global Petroleum Limited
Clint McGhie	Tel	+ 61 8 9322 6322
	Email	global.info@globalpetroleum.com.au

Northland Capital Partners Limited (Nominated Adviser and Broker)
William Vandyk	Tel	+44 20 7796 8800

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAKPLAADFEEF

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23rd Oct 2006	4:04 pm	RNS	Quarterly Report
19th Oct 2006	7:00 am	RNS	Annual Report and Accounts
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16th Mar 2006	9:32 am	RNS	Kenya Drill Rig
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21st Sep 2005	9:20 am	RNS	Additional Listing
28th Jul 2005	11:01 am	RNS	Quarterly Report
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3rd May 2005	9:26 am	RNS	Re: Falkland Oil & Gas Ltd
28th Apr 2005	11:55 am	RNS	Appendix to Quarterly Report
28th Apr 2005	11:50 am	RNS	Quarterly Report
21st Apr 2005	9:12 am	RNS	Additional Listing
20th Apr 2005	1:35 pm	RNS	Statement re: Press Comment

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