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Petrichor Energy completes acquisition of additional Interest in the Marble Falls prospect


Published Nov 25, 2013
Petrichor Energy Inc.-3

Petrichor Energy Inc. has acquired an additional 16.67% interest in the Marble Falls Prospect (refer to Press Release October 1, 2013) in Fort Worth, Texas, and now holds a 66.67% Working Interest.

Furthermore, the Company announces that the operator, BlakEnergy Ltd., has informed the Company that the construction of the location for the first well, being the Hinson #1 well (the “Well”) on the Marble Falls Prospect, located in Young County, Texas, within approximation of surface coordinates -98.6644182 Longitude and 33.3508939 Latitude (the “Location”) has commenced.

The Well will be drilled to a depth of 5,200 feet to test the Caddo Lime, Marble Falls, and Mississippi Lime formations. The drill rig is scheduled to move on Location Monday, November 23, 2013, and it is anticipated that the Well will be spud on or around November 25, 2013.

Tags: Petrichor Energy Inc.




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