Oct. 10, 2012
-- Austin, TX – October 10, 2012- Texas Energy Group, LLC (TEG) is pleased to announce the successful drilling of the Chisos #1 oil well in Liberty County, Texas. The Chisos #1 was offered as part of TEG’s Big Cheese Drilling Project and was drilled in the Cleveland Field to a total depth of 6,125’.
“We have numerous producing wells in the area and the Chisos #1 just helps to make our operating foot print a little larger,” stated Waylan Johnson, President of Texas Energy Group, LLC. He further stated, “Our in house geological team has done a great job of finding oil structures that have been left behind in mature fields such as the Cleveland Field.”
TEG continues to develop numerous areas in Liberty, Montgomery and Tyler County, Texas with expectations of drilling several more wells in the coming 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 where you can sign up for the TEG (corporate) mailing list and receive up to date information on general TEG activities, including all TEG press releases.
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