AusTex Oil Ltd. Delivers 75% Increase in Production for June - 0 views
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macy macon on 01 Aug 12"AusTex Oil updates their well development program. Australia (Sharewellnewswire) July 31, 2012 - United States focused oil & gas producer AusTex Oil Limited (ASX: AOK, OTCQX: ATXDY) is pleased to report oil and gas production rates for the month of June 2012. Production for the month of June increased to 299 BOE/d, a 75% increase on the prior month. The increase was due largely to the contribution from the Balder #1 horizontal well, in which AusTex participated with Range Resources Inc. (NYSE: RRC). Improved production from the Company's producing vertical wells also contributed. "
