Update on the Lower Woodbine
15 Octubre 2009 - 1:00AM
UK Regulatory
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
MSCKZLFFKBBFFBV
TXO Plc (LSE:TXO)
Gráfica de Acción Histórica
De Jul 2024 a Ago 2024
TXO Plc (LSE:TXO)
Gráfica de Acción Histórica
De Ago 2023 a Ago 2024
Real-Time news about TXO (London Stock Exchange): 0 recent articles
Más de Txo Artículos de Noticias