Texon Notes 30 Day Production Result at Tyler Ranch Well
Global Petroleum Ltd.
|Tuesday, October 11, 2011
Texon Petroleum has advised that during its first 30 days of production, the second Eagle Ford well in which Global has an interest, Tyler Ranch EFS #2H, produced 30,400 boe (92% oil). The first Eagle Ford well, Tyler Ranch EFS #1H, produced 19,651 boe in its first 30 days.
Global has a 7.939% working interest (5.95% NRI) in approximately 1,651 acres beneath the Olmos formation including the Eagle Ford Shale. Global's interest in the Leighton prospect also includes a 15% working interest in approximately 873 acres from the surface down to the stratigraphic equivalent of the Olmos formation.
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