ASX Announcement
Date: 24 February 2012
Texon Petroleum LtdABN 24 119 737 772
Level 9, 46 Edward Street
Brisbane, Qld Australia 4000
Postal: GPO Box 402
Brisbane, Qld Australia 4001
Telephone: +61 7 3211 1122
Fax: +61 7 3211 0133
Directors: John Armstrong Bernard Rowley David Mason Company Secretary:Des Olling
Contact: Cliff Foss President & CEOcfoss@texozep.com
or:
John Armstrong Chairman john.armstrong@texonpetroleum.com.au
Website:Eagle Ford Oil Project
In regard to yesterday's release on this project, the
attached "Flyer" was made available at the North American
Prospect Exposition ("NAPE") being held this week (23/24
February) in Houston, Texas, USA.
The acreage and Working Interest figures differ from
yesterday's release as the "Flyer" information includes other
Working Interest parties who are selling with Texon.
It is planned to open data rooms on Monday the
5th of March.
For further information, please contact: Mr Harrison
Williams,
Executive Vice President Albrecht & Associates, Inc. Tel: +1
713 951 9586
Email: hwilliams@albrechtai.com
Or
Mr Rob Douglas Director, ECM Sales RBS Morgans Limited
Tel: +61 7 3334 4952
Email: rob.douglas@rbsmorgans.com
-ends
EAGLE FORD SHALE McMullen County TEXAS 7,712 Gross Acres (7,581 Net Acres) Average 98% Working Interest 4 Producing Horizontal Eagle Ford Wells Current Net Rate Approximately 500 BOPD, 950 Mcfd and 100 Bbls of NGL >90% of Revenue from Oil & NGLs 90 Net 80-Acre Drilling Locations Entire Position Surrounded by Productive Wells Average Initial Production Rate of Over 1,400 BOEPDoil & gas divestment specialists
711 Louisiana, Suite 1600 Houston, TX 77002
713-951-9586
Atascosa
Live Oak
McMullen
0 20,880
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PETRA 2/16/2012 3:37:21 PM