Texon Petroleum Limited (ASX:TXN) to Begin 4th Eagle Ford Well Fraccing and Testing

Brisbane, Sep 27, 2011 AEST (ABN Newswire) - Texon Petroleum Limited's (ASX:TXN) fourth Eagle Ford well (Hoskins EFS #1H) was scheduled to begin fraccing operations on the 26th of September 2011.

The work has been delayed slightly with fraccing operations now scheduled to begin on 2nd October.

Fraccing should take about a week followed by testing with Initial Production results expected to be available a few days later.

The location of the Hoskins EFS #1H well is shown on the map, see link: http://media.abnnewswire.net/media/en/docs/ASX-TXN-235508.pdf

Texon has a 100% WI in the cost of the well and a 71.25% NRI in the production.

Contact

David Mason President & CEO Email: dave.mason@texonpetroleum.com.au John Armstrong Chairman Email: john.armstrong@texonpetroleum.com.au http://www.texonpetroleum.com.au