Scandoil  

Doxa Energy participates in three new South Texas projects


Published Jan 30, 2014
Doxa Energy Ltd.

Doxa Energy Ltd. recently entered into definitive agreements providing for its participation in three (3) new conventional oil & gas exploration projects in southern Texas. Two of the projects are focused on the Queen City formation at depths above 6,000' subsurface in areas which historically produce oil, and the third project will be targeting gas/condensate production from the expanded Yegua formation on the Gulf Coast. Furthermore, operations for drilling and evaluating initial test wells on two of the projects commenced in the fourth quarter 2013 and are ongoing.

Each of the new projects offer potential for development wells. Additional details of all three projects will be released in the near future upon completion of ongoing operations and leasing efforts. Doxa's level of participation in the two Queen City projects vary from 15-20%, and is set at 4.5% in the Yegua formation test, subject to certain terms and conditions set forth in the respective agreements.

Tags: Doxa Energy Ltd.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml