Spicewood, TX, June 01, 2013 --(PR.com
)-- Texas Energy Group, LLC (TEG), along with industry partners and its affiliate operating company Resaca Resources, LLC (Resaca), began drilling the Cleveland Townsite well, located in Liberty County, Texas. Black Creek Drilling was contracted to drill this well to a total depth of 9,600’ +/-. The main drilling targets are the middle & lower Wilcox sections on the 260 acre lease, with oil being the primary objective.
“We are excited to commence the drilling of the Cleveland Townsite and are proud to have industry partners such as Winn Exploration Company, Inc. and Gulf Coast Midwest Energy Partners, LLC involved in this prospect with us,” stated Waylan Johnson, President of TEG. He further stated, “Liberty County has proven successful for us throughout the years and based on the geological findings of this well and proven development in the area, we feel very strongly that the Cleveland Townsite will yet again, prove our strategy of drilling shallow, conventional type wells.”
TEG expects to drill possibly 2-3 additional wells in the coming months to fully develop the field.
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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