Portrush Drilling at Scanio-Shelton # 10 Underway

Portrush Petroleum Corporation announced that drilling has begun on the Scanio/Sheldon No.10 well in the Mission River property in Texas. The well will be drilled to a total depth of 8,600 feet and is a follow up well to the number eight well that was drilled and placed on production earlier this year. The number eight well is currently producing at a rate of approximately eight hundred thousand cubic feet of gas a day and forty five barrels of oil a day.

This well is the second well of a four well drilling project and the next location is under construction.

The Mission River lease is operated by McAlester and is located at the south end of the town of Refugio, Refugio County, Texas. The field has multiple pays at depths ranging from 2,000 to 8,500 feet. Portrush has a 10% working interest in the field. A further announcement will be made in due course regarding the additional drilling of the next two wells.