AusTex Oil Limited is advancing its well exploration program with the commencement of drilling operations at its Cooper Project located in Sheridan County, Kansas.
AOK holds a 53% working interest in the 11,600 acre Cooper Project. This week the company will spud the Quackenbush #1 vertical well following a review of the 3D seismic data. The Toronto, Lansing Kansas City and Mississippi Lime Plays will be targeted in the planned 4,800 foot well.
AOK has permits in place to drill multiple vertical wells in the Cooper Project and plans to undertake an active exploration well program with the goal of establishing the project as another major production hub for the company. In January 2010, the Clark #1 wildcat discovery well was completed in the Lansing Kansas City formation and is producing oil from that interval.
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AusTex Oil Limited
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