? Core Sample Testing Confirms Two Oil Reservoir Sands?...

? Core Sample Testing Confirms Two Oil Reservoir Sands
? Production Casing Now Being Set
Dear Sir/Madam,
The Board of Austin Exploration Limited (ASX: "AKK") is pleased to
provide the market with a further update on the Company?s Ellislie
Plantation #1 oil exploration well located in Adams County,
Mississippi.
The report on the sidewall cores shot in the Aldridge Operating
Company Ellislie Plantation #1 was analyzed over night and the results arrived this morning. A total of 29
sidewall cores were recovered. Of these, 21 were saturated with oil.
These findings confirm the prior day?s wireline log interpretation for the presence of two reservoir sands.
The Armstrong sand averaged 27% porosity and 555 millidarcies of permeability. The Benbrook sand
averaged 27% porosity and 433 millidarcies of permeability.
Based on these positive results, Austin will immediately move forward with the setting of production casing
and work towards completion of the well.

Nice.

TCG