SHALLOW GUNSIGHT OIL FIND LIGHTS NORTH TEXAS

Transwestern Operating Co. is developing a shallow Pennsylvanian Lower Gunsight (Cisco) oil discovery on the Red River uplift in Clay County, Tex. The calibre of production at such a depth makes the area one of the most interesting shallow oil finds in North Texas in several decades. Transwestern had drilled 17 wells in the field by mid-August in Transwestern Redstone field, discovered by the company in March 1991. The rig is still drilling, and seven wells were being completed.

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