TEX target energy limited

In the absence of any updates...here is what I have...

  1. 421 Posts.
    In the absence of any updates...here is what I have found...

    Following from Scandinavian Oil and Gas Magazine

    Petro Resources Update
    Sep 8

    Louisiana The East Chalkley field suffered no setbacks due to storm activity; however, was shut in during Hurricane Gustav coming ashore. The Pine Pasture #2 well was producing approximately 95 barrels of oil per day (gross) prior to the hurricane. A second field well is scheduled to be drilled in the fourth quarter of 2008. This well will be drilled from the same pad site as the Pine Pasture #2 in an effort to determine the extent of the reservoir.


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    Remeber that production is limited by water disposal, which is being addressed.
 
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