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Austin Exploration continues 100% success rate in Texas with Seaducer #1H


Published Mar 25, 2015
Austin Exploration Limited

Austin Exploration announced its sixth Eagle Ford well in Burleson County, Texas, the Seaducer #1H well , is producing large volumes of oil and gas.

The Seaducer #1H well, produced 18,604 BOE in its first 30 days.

Austin's CEO and Managing Director Dr Mark Hart said: 'This is another outstanding result. To hit on six from six proves that this property is de-risked and well performance is repeatable over Austin's acreage. When including our initial three exploration wells, B1, B2 & B3, this totals nine wells that have intersected hydrocarbons on Austin's Birch Texas property. Our Texas program has been halted until oil prices recover and stabilise, but we certainly look forward to further drilling at this world class property when prices recover,' Dr Hart said.

Tags: Austin Exploration Limited




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