Lexaria Corp. Announces Two Successful Oil Wells and Record High Oil Production

Lexaria Corp. is very pleased to announce successful oil production from two new wells drilled this season at Belmont Lake Oil Field, Mississippi.
The 12-4 oil well began producing oil on October 21 and produced an average of 200.4 barrels per day for the first ten days of production, significantly more than expected. This is the highest oil production rate ever recorded for a Belmont Lake Oil Field well and meaningfully increases the production potential of the remaining wells to be drilled in the field. (Lexaria currently holds a 40% gross working interest in the 12-4 well.)
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Source: The Newswire