first eagle ford well testing ? mid november

25 October 2010

FIRST EAGLE FORD WELL
TESTING ? MID NOVEMBER

Texon advises that it has finished drilling its first Eagle Ford well (TR EFS #1H). Strong oil and gas shows were observed throughout drilling 4,500ft horizontally within the Eagle Ford reservoir. Production casing has been run in preparation for the fracture stimulation which has been contracted and is expected to begin in the second week of November. After this work has been completed, the well will be production tested with results anticipated in the second half of November.
Texon has a 82% Working Interest (61.6% net revenue interest) in the Tyler Ranch EFS #1H well.


imho a very positive announcement, they have a nice long lateral, and a frac crew in a few weeks will open it up.