johnc376
- 18 Sep 2011 06:03
Is anyone in this share (GBP)? Never seems to be any RNS's!
dreamcatcher
- 18 Sep 2011 07:13
- 3 of 3
And this one , late August.
RNS Number : 2995N
Global Petroleum Ltd
31 August 2011
31 August 2011
RNS AIM release
Global Petroleum Limited - Second Eagle Ford Well - 1,488 BOPD
Texon Petroleum Ltd (ASX: TXN) has advised that the second Eagle Ford well in which Global has an interest (Tyler Ranch EFS #2H) has tested oil and gas at the rates of 1,488 bopd and 700 mcfgpd (combined 1,605 boepd) through a 16/64" choke at a flowing tubing pressure of 3,000 psi.
The well is located just to the north of the first Eagle Ford well (Tyler Ranch EFS #1H) which had an initial test rate of 1,200 bopd through the same sized choke. Tyler Ranch EFS #2H also has a higher flowing pressure than the first Eagle Ford well. The second Eagle Ford well has been connected for oil and gas production through the EFS #1H production facilities.
Global has a 7.939% working interest (5.95% NRI) in approximately 1,651 acres beneath the Olmos formation including the Eagle Ford Shale. Global's interest in the Leighton prospect also includes a 15% working interest in approximately 873 acres from the surface down to the stratigraphic equivalent of the Olmos formation.