TXO TXO

 

TIDMTXO 
 
RNS Number : 8015A 
TXO PLC 
15 October 2009 
 

TXO PLC 
15 October 2009 
 
 
 
 
For immediate release: 15 October 2009 
 
 
 
 
TXO PLC ("TXO" or "the Company") 
 
 
Discovery of stringers in the lower Woodbine 
 
 
 
 
TXO plc announced today that lower stringers have been encountered in both the 
Number 6 and Number 1 wells that have been deepened on the Randle Fair Christian 
Lease. 
 
 
The Randle Fair Christian Lease is operated by MC Production and Drilling Co. 
Inc. and is co-owned by TXO's US subsidiary, TOGS Energy Inc. 
 
 
The wells were deepened under a joint venture with Endeavor Power Corp and the 
ownership interest in the wells is as follows: 
 
 
Endeavor Power Corporation        75.0% 
MC Production and Drilling Inc    12.5% 
TOGS Energy Inc           12.5% 
 
 
Both wells confirmed the presence of lower stringers and appropriate completion 
of both wells is now underway. 
 
 
Lower stringers are separate accumulations of oil that lie below the main 
Woodbine Field. 
 
 
Contact: 
 
 
Andrew Glendinning, TXO PLC on 001 903 297 2251 
Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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