Texas-Gulf Coast

Sept. 18, 2009
Texon Petroleum Ltd., Brisbane, will run production casing at the fourth well on its Leighton prospect in McMullen County, Tex., after the well had oil and gas shows in Cretaceous Olmos. TD is 9,000 ft.

By OGJ editors
HOUSTON, Sept. 18
– Texon Petroleum Ltd., Brisbane, will run production casing at the fourth well on its Leighton prospect in McMullen County, Tex., after the well had oil and gas shows in Cretaceous Olmos. TD is 9,000 ft.

Wireline logs at Tyler Ranch-3 indicate similar reservoir properties to the Peeler-1, Tyler Ranch-1, and Tyler Ranch-2 wells.

Texon contracted a larger rig to drill Tyler Ranch-4 in early October to target Olmos at 8,500 ft and Eagle Ford shale at 11,000 ft.

Working interests are Texon 70% and Global Petroleum Ltd. and Excellong Inc. 15% each.

Texon holds 1,280 acres at Leighton and a 100% working interest in 1,434 acres at Mosman, 4 km southwest, and is seeking partners for the first Mosman well as early as first quarter 2010 to test Olmos and Eagle Ford.