Drilling Commences at Vision Chalk Prospect

Ausam announced that drilling has commenced on the Rice University A-393 1H well on its Vision Chalk Prospect in Tyler County, Texas. The well is being drilled by Vision Operating L.L.C. Ausam holds a 12.5% interest in the well through a farmin agreement between its wholly-owned subsidiary, Noram Resources, Inc. and Vision Resources LLC.

Mark Avery, President and CEO of Ausam, stated, "The Company is very pleased to announce the continuation of its currently proposed drilling program in Texas. The Vision Chalk Prospect is part of the planned diversification of our portfolio and we will be monitoring its progress with great interest."

 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
CDL Class A Driver
Expertise: Motorman|Truck / HGV Driver
Location: Midland, TX
 
Rig Mechanic Senior
Expertise: Rig Mechanic|Rig Welder
Location: Beggs, OK
 
Plug and Abandonment Rigger-Offshore
Expertise: Rig Instrument Tech
Location: Houma, LA
 
search for more jobs

Brent Crude Oil : $51.33/BBL 1.14%
Light Crude Oil : $48.37/BBL 1.34%
Natural Gas : $3.1/MMBtu 1.63%
Updated in last 24 hours