The Mississippian A World Class, Low Risk Shallow Oil Play

AusTex Oil Limited (ASX:AOK - OTCQX: ATXDY) is a listed public company trading on the Australian Securities Exchange and the OTCQX. The company produces oil and gas from leases in Kansas and Oklahoma with Independent 1P Reserves of 8.7 million Barrels of Oil Equivalent and 2P Reserves of 14.2 million Barrels of Oil Equivalent with NPV10 US$118.7 million. Revenue for the year ended 31 December 2014 was USD $33 million.

The Company is focused on growing oil and gas production in Oklahoma with the goal of drilling additional wells per month as Operator on the 100% owned Snake River Project in the Mississippian Liquids Rich play in Oklahoma.


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