Gulf Western Spuds Fourth Frio Well In Texas Shamrock Project

Gulf Western Petroleum reports that the drilling rig will spud the Red Breast #1.

After obtaining the log results from the first three wells, Gulf Western increased its position in the Shamrock Project in Dewitt County Texas by two additional wells, bringing their current participation in the Shamrock Project to five wells. The two additional wells are the Red Breast #1 and the Michael Collins #1. Both wells will target the same formation as the first three Frio prospects, the Jameson Sand at 3200 feet.

The Shamrock Project is a five-well Frio-age prospect identified through 3-D seismic. Gulf Western currently has three wells drilled and completed -- the Polinard-Lee #1, the Miller-Thomas #1 and the Bushmill #1. All three wells flow tested in excess of 300 Mcf/d and are awaiting hook up to the sales line.