PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Texas Energy Group, LLC

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Texas Energy Group, LLC Announces Production Update on McCoy Blanding Oil Well - Texas Energy Group, LLC (TEG) formally releases an update on the oil production from their McCoy Blanding #1 well
Texas Energy Group, LLC Announces Production Update on McCoy Blanding Oil Well

 

NewswireToday - /newswire/ - Spicewood, TX, United States, 2013/07/25 - Texas Energy Group, LLC (TEG) formally releases an update on the oil production from their McCoy Blanding #1 well.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Texas Energy Group, LLC (TEG) is pleased to release an update on the oil production coming from its McCoy Blanding #1 well located in Liberty County, TX. The McCoy Blanding #1 well was offered as part of TEG’s Freedom Drilling Project and was drilled in the McCoy Field to a total depth of 7,300’.

The well went into production in early June and produced approximately 3200 barrels of oil in the first 45 days. The well is currently averaging 100 bopd +/- with some associated water.

“The oil and gas business never ceases to amaze me,” stated Waylan Johnson, President of Texas Energy Group, LLC. He further stated,“Here we are, drilling in a known mature oil field that has been producing for over 75 years and we are still finding these significant oil pockets that are capable of producing 100 bopd from a single well. This again proves our philosophy of sticking to lower risk drilling by way of drilling shallower oil wells in proven areas of production. It goes back to the old saying of, go where you know. The best place to find oil is where you know oil exists.”

TEG continues to develop numerous areas in Liberty, Montgomery, Polk and Tyler County, Texas with expectations of drilling several more wells in the coming months.

For further information regarding topics discussed in this article please contact Texas Energy Group, LLC directly via their Investor Relations Department or visit them on the web where you can sign up for the TEG (corporate) mailing list and receive up to date information on general TEG activities, including all TEG press releases.

Disclaimer: This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of Texas Energy Group, LLC (TEG). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the TEG website, including, but not limited to, statements regarding future performance of events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual events to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the TEG Website will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the TEG Website might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of actual or future results. Also, Texas Energy Group, LLC., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG activities have conflicts of interests. The price received for the oil and natural gas produced from any investments, activities, properties may be less than quoted NYMEX prices at any given times. TEG does not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information found on this page is neither an offer to buy or sell securities or other investments.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Texas Energy Group, LLC

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Texas Energy Group, LLC Announces Production Update on McCoy Blanding Oil Well

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: A Escalera - TexasEnergyGroup.com 
877-893-6749 Info[.]TexasEnergyGroup.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Texas Energy Group, LLC securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Texas Energy Group, LLC / Company Profile


Read Energy Most Recent Related Newswires:

Elemize Wins 'Call for Disruption in Energy' Competition Promoted by Intermonte, Enel, Consilia and Ascomfidi
Roncevaux Wind Farm in Québec Begins Commercial Operation
ENGIE Wins Public Service Delegation Contract for A New Geothermal Heating Network in the Plaine Rive Droite Area of Bordeaux
GE Announces Transocean Performance-based Service Agreement
Enel and Saudi Electricity Company Sign Framework Agreement to Cooperate in Power Distribution
ENGIE Signs an Agreement for the Development of Renewable Energies in Senegal
Enel Acquires US-based Energy Storage Software and Project Developer Demand Energy
SolarWinds Recognized as Market Leader in Network Management Software
Frost & Sullivan Recognizes Aclara Technologies for Providing an End-to-end Smart Infrastructure Solution for Energy Companies
DCNS and Bpifrance Announce the Creation of DCNS Energies - A New Player with Global Ambitions in Marine Renewable Energies
SolarWinds Partners with OpsGenie to Meet Customers’ Alerting and On-Call Management Needs
Frost & Sullivan Commends Batteroo for Developing a Solution that Can Dramatically Increase Disposable Battery Optimization
ENGIE and Crédit Agricole Assurances Strengthen their Onshore Wind Power Partnership in France
GE Hitachi Nuclear Energy Awarded Contract to Dismantle Swedish Nuclear Reactors
Vestas Receives Order for First Project in China Using its 3 MW Platform

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)