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Follow on Google News | Texas Energy Group Announces Participation in Another Well Located in San Patricio County, TexasTexas Energy Group, LLC (TEG) would like to formally announce their participation in the Welder A36 well, located in San Patricio County, Texas.
By: Texas Energy Group, LLC The well was an infield test near Sinton, Texas. It was drilled to a depth of approximately 6,112 feet and encountered 7 to 10 zones of interest. Cores and formation tests were run and the well was completed at approximately 5,815 feet. Through the last several days of December, the well was averaging 31 BOPD and 30 MCFGPD. Internal log evaluations indicate possible total reserves of 50-80,000 barrels of oil (BO) for the well. “TEG is pleased to be able to continue to mix this type of project into our overall portfolio”, stated Waylan Johnson, President of Texas Energy Group, LLC. He further stated, “I cannot say enough about the track record and depth of our management team, consultants and partners that bring us a flow of opportunities, like the Welder project, to build our reserves and revenue stream with our non operated partners.” For further information regarding topics discussed in this article please contact Texas Energy Group, LLC directly via their Investor Relations Department; (877) 893-6749 or visit them on the web at www.TexasEnergyGroup.com. Emails may be directed to Info@TexasEnergyGroup.com. This release/announcement/ # # # Texas Energy Group (TEG) is an Austin, TX based Oil & Gas Exploration and Investment Company specializing in multi-well, low risk developmental drilling projects. For Oil & Gas Investment information go to www.TexasEnergyGroup.com or call (877) 893-6749. End
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