Australian oil and gas company Titan Energy Ltd provide an update on drilling activities related to the Poole #C- 1 "cap rock" well at its Allen Dome oil field in Texas.

Progress to date has been significantly affected by severe weather conditions in the region over the past few days and is currently at a depth of 378 feet where contractors are waiting for the inclement weather to clear to allow for the safe installation of surface casing.

Once the surface casing is cemented in place and tested, the Poole #C-1 well will be drilled to its pre-drill planned Total Depth of 850 feet.

Poole #C-1 well is located on the southern portion of the Allen Dome salt dome where Titan holds an approximately 85% WI.

Tags: Titan Energy Ltd