AusTex Oil Limited Pratt No.1 Well Encountered Free Oil And Gas

AusTex Oil Limited is pleased to announce the following update on drilling operations underway in Kansas. 
Castle Resources Inc., as operator, advises that drilling on the Pratt #1 well has reached 3,862 feet and has encountered free oil and gas in the Toronto Formation between 3,827 feet to 3,862 feet. A Drill Stem Test is underway to test this zone before drilling continues to the Topeka and Lansing Kansas City Formations.
The Pratt #1 well is located to the north of the Clark #1 discovery well with a projected TD of 4,400 feet. 3D seismic conducted on the 26,500 acre project identified a four way closure at this site.
AOK holds a 53% Working Interest and a 43.5% Net Revenue interest in this project located in Sheridan County, Kansas.
Source: Press release