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Am-Tex Oil & Gas, Inc. Updates Information on Beeson #2 Well.

Publication: PR Newswire
Publication Date: 25-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LAGUNA NIGUEL, Calif., May 25 /PRNewswire-FirstCall/ -- Am-Tex Oil & Gas, Inc. The Beeson #2 well, when drilled in September 2003, drilled only the upper lateral. Drilling stopped prior to entering the lower interval due to the largest working interest owner (75%) defaulting on his share of drilling expenses. In the near future, the operator intends to drill the lower, higher paying interval. The Company believes that completion of the...

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