Burleson Energy Limited Drilling Update For D. Truchard No.1 Well

Burleson Energy Limited advises that the D. Truchard #1 well has been drilled to a total depth of 12,000 feet (3,658 metres) with gas shows and gas flows to the surface encountered while drilling the lower part of the well.
The commercial significance of the gas shows cannot be determined until electric logs have been run. A decision on whether to complete the well for production will be made once the electric logs have been interpreted. Assuming no operational problems this decision is expected to be made within the next few days.
Further drilling updates will be provided on a weekly basis or more regularly in the event that material information arises that requires disclosure.
Heintschel Field Interests:
- Burleson Energy: 38.0%
- New Standard Energy: 32.5%
- AKG and Associates: 29.5%
Source: Press release