Doxa Finalizes Interest Acquisition, Commences Drilling in Tx.

Doxa has recently closed on the acquisition of a 14.0625% leasehold working interest under approximately 1,412 gross acres comprising the County Line Prospect in McMullen County, Texas. Furthermore, on January 12, 2011 drilling operations were commenced on the initial test well on the prospect, being the Martin-State Gas Unit No. 1. This initial well, which will be drilled vertically to a proposed total depth of 11,800 feet, will be targeting various Wilcox formation sands below 7,500 feet. Several of the objective sands are prolific commercial producers on trend and within two miles of the Martin-State Gas Unit No. 1 location. Hurd Enterprises, Ltd. of San Antonio, Texas is the designated Operator of the project.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Business Development Analyst
Expertise: Business Analyst|Business Development
Location: Chesapeake, VA
Attorney I
Expertise: Contracts Administration|Legal
Location: Houston, 
Project Engineer/Project Manager
Expertise: Project Management
Location: Baton Rouge, 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours