Just read announcement
Texon Petroleum Ltd (ASX: TXN) has advised that the sixth Leighton well, Tyler Ranch #5
(TR#5), has reached its total depth of 2,743 metres (9,000 feet). This is the sixth well in the
Leighton oil and gas field all of which have been successful.
... It is now planned to run production casing in the well after which the well will be fracture stimulated (in the next 10-14 days) and then will be connected for oil and gas production.
Global has a 15% working interest (11.25% net revenue interest) in the Leighton Project with
joint venture parties Texon Petroleum Limited and Excellong, Inc.
Very valuale small company...lots more eggs to hatch.
Gisy
(Dont tell the traders)
Add to My Watchlist
What is My Watchlist?