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	[e-mail]
Astaire Securities Plc (Nominated Adviser and Broker)
William Vandyk	Tel	[phone]

 

END

 

 

DRLQLLBBBVFLBBF