Leighton Update

RNS Number : 3312Q
Global Petroleum Ltd
02 August 2010
 



2 August 2010

RNS AIM release

 

DRILLING COMMENCES ON SEVENTH LEIGHTON DEVELOPMENT WELL

 

Texon Petroleum Ltd (ASX: TXN) has advised that the seventh Leighton well, Tyler Ranch #6, commenced drilling on 1 August 2010 and is currently at a depth of 70 metres.  The well has a planned total depth of 2,743 metres (9,000 feet) and will take about 12 to 15 days to drill.  

 

Global has a 15% working interest (11.25% net revenue interest) in 830.4 acres of Olmos reservoir at the Leighton Project.

 

 

 

 

Enquiries:

 

Global Petroleum Limited

Clint McGhie

Tel

+ 61 8 9322 6322

Email

global.info@globalpetroleum.com.au

Astaire Securities Plc (Nominated Adviser and Broker)

William Vandyk

Tel

+44 20 7492 4750

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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