AusTex Oil
AusTex Oil (ASX: AOK) is focused on reworking and development of oil and gas leases in the U.S.
In-Depth AusTex Oil Articles
Archive-
23/11/2010
AusTex Oil starts workover activity at East Tonkawa Unit, sets sail for 2011
With recent drilling success in Tulsa County, growth in its footprint of leases in Kansas and Oklahoma along with growing oil production in both states, and planned listing on the Toronto Stock Exchange, 2011 is shaping up as pivotal year for AusTex.
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09/12/2009
AusTex Oil in wildcat oil discovery in Kansas
AusTex Oil has made a wildcat oil discovery as drilling of the Clark #1 Well at Sheridan County in Kansas successfully reaches total depth at 4128 feet.
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18/11/2009
AusTex Oil strikes more oil and gas in Oklahoma
AusTex Oil has struck more oil and gas success during drilling, with the Baggett #1-33 Well coming up trumps at the Lancaster Lease Group, Tulsa County, project in Oklahoma.
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01/10/2009
AusTex Oil goes 4 for 4, finding oil in Oklahoma
Investors could be excused for thinking it was Groundhog Day as AOK finds oil and gas a fourth time within a month.
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28/09/2009
AusTex Oil strikes oil for third time in Oklahoma
Open-hole logs indicate recoverable hydrocarbons in the Redfork and Tanaha formations at Lancaster #5 well.
Presentations & Company Media
No documents available.
Related Research & Media
No documents available.
Current Operations:
AusTex Oil currently has leasehold areas in Oklahoma and Kansas as highlighted on the map below.
Oklahoma
* Six lease locations
* Long term lease positions- Held By Production
* Infill/development plan commenced 2008
* International Energy Corporation (Oklahoma) as operator
(wholly owned subsidiary of AusTex)
Kansas
* Five lease locations
* JV with Castle Resources Inc. as operator
* Exploration and development plan commenced 2008
* Cooper Project 26,500 acres - Seismic acquired 2008/2009
* Jewel Project 35,000 acres - Drilling first well October 2009
Oklahoma Projects
AusTex Oil Limited through its 100% owned subsidiary, International Energy Corporation (Oklahoma), has acquired the following oil and gas leases located near Tulsa, Oklahoma:-
WI – Working Interest NRI – Net Revenue Interest
|
Lease Name |
Acreage |
WI |
NRI |
County |
|
Lancaster and surrounds (see above) |
611 |
100% |
>81.25% |
Tulsa |
|
Cleaveland Project |
160 |
100% |
82.5% |
Creek |
|
Sweet |
240 |
100% |
84.0% |
Pawnee |
|
BlueHawk Project |
160 |
50% |
42.5% |
Osage |
|
Gypsy/Walker Project |
80 |
100% |
81.25% |
Creek |
|
Crisler |
80 |
100% |
84.375% |
Creek |
Kansas Projects
AusTex Oil Limited through its 100% owned subsidiary, International Energy Corporation (Kansas), has acquired the following oil and gas leases located near Hays, Kansas:-
|
Lease Name |
Acreage |
WI |
NRI |
County |
|
Cooper Project |
26,500 |
50% |
42.25% |
Sheridan |
|
Pearl Cress - #A1 well |
Well |
28.5% |
24.93% |
Ellis |
|
Pearl Cress - #A2 well |
Well |
28.5% |
24.93% |
Ellis |
|
McCracken Project |
3,200 |
55% |
42.5% |
Ness |
|
Beltz Project |
160 |
40% |
33.8% |
Ness |
Management
Board of Directors
Dr Peter Power, Non-Executive Chairman
Richard Adrey, Executive Director
Daniel Lanskey, Managing Director
Kay Philip, Non-Executive Director
Trevor Sykes, Non-Executive Director
Major Shareholders
For investor information click here
Contact Information
Australian Office
Head Office: Level 56, MLC Centre,
19 Martin Place,
Sydney NSW 2000
Postal Address: GPO Box 4246, Sydney NSW 2001
Tel: +61 2 9238 2363
Fax: +61 2 8088 7280
Email: info@austexoil.com
Dan Lanskey (Managing Director)
Email: dan.lanskey@austexoil.com
USA Office
International Energy Corporation
1801 East 71st Street, Tulsa Oklahoma
Tel. +1 918 743 7300
Fax +1 918 743 0099
Richard Adrey (President and CEO)
richard@ienergycorp.com
Corporate Information
AUDITORS
Colquhouns, Chartered Accountants
SHARE REGISTRY
Registries Limited
207 Kent Street
Sydney NSW 2000
Tel: 9290 9600
Fax: 9279 0664
PRINCIPAL BANKERS
ANZ Banking Group Limited
