Texas Energy Group, LLC (TEG) Announces Successful Post Drilling Results for the Davis Estate #1

Texas Energy Group, LLC (TEG) would like to formally announce the successful re-completion of the Davis Estate #1, located in Liberty County, Texas.
Spread the Word
Listed Under

Texas Energy Group
Oil Investing
Oil Investments
Investing In Oil
Energy Investments
US oil
Texas Oil Drilling


Spicewood - Texas - US

April 5, 2012 - PRLog -- Austin, TX – April 5, 2012- Texas Energy Group, LLC (TEG) is pleased to announce the successful re-completion of the Davis Estate #1 well, located in Liberty County, Texas. The Davis Estate #1 well was drilled and completed in the second quarter of 2011, then re-completed in October 2011. This well was one of two prospects offered in TEG’s PNM Drilling Project.

The Davis Estate #1 well was perforated and flow tested in the Basal Yegua for a daily rate of approximately 900,000 CFGPD with associated oil. “TEG has been incredibly successful in the last year, drilling developmental wells in mature producing fields,” stated Waylan Johnson, President of TEG.

The Davis Estate #1 well marks the sixth successful well for TEG in Liberty County, Texas within the last 13 months.

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

Disclaimer: This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of Texas Energy Group, LLC (TEG). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the TEG website, including, but not limited to, statements regarding future performance of events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual events to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the TEG Website will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the TEG Website might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of actual or future results. Also, Texas Energy Group, LLC., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG activities have conflicts of interests. The price received for the oil and natural gas produced from any investments, activities, properties may be less than quoted NYMEX prices at any given times. TEG does not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information found on this page is neither an offer to buy or sell securities or other investments.

# # #

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.
Source:A Escalera
Email:***@texasenergygroup.com Email Verified
Phone:(877) 893-6749
Tags:Texas Energy Group, Oil Investing, Oil Investments, Investing In Oil, Teg, Energy Investments, US oil, Texas Oil Drilling
Industry:Business, Energy, Environment
Location:Spicewood - Texas - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse

Like PRLog?
Click to Share