Range Resources Corporation

AusTex Oil Limited (ASX:AOK) is pleased to advise that recompletions on existing wells on the East Tonkawa Unit, Kay County Oklahoma are underway.

AusTex Oil Limited (ASX:AOK) is an Australian based company engaged in the exploration and development of oil leases in Oklahoma and Kansas in the US. Low risk development of the Lancaster and Sweet Leases in Oklahoma provide the company with a solid production base; while the Cooper project in Kansas is an early stage discovery that could provide substantial upside. The yet to be completed Tonkawa East acquisition in Oklahoma, also promises substantial upside through the application of new horizontal well technology.