|
AusTex Oil Limited through
its 100% owned subsidiary, International Energy Corporation (Oklahoma), has
acquired the following oil and gas leases located near Tulsa, Oklahoma:-
WI
– Working Interest NRI – Net
Revenue Interest
|
Lease Name
|
Acreage
|
WI
|
NRI
|
County
|
|
Lancaster and surrounds (see
above)
|
611
|
100%
|
>81.25%
|
Tulsa
|
|
Sweet
|
240
|
100%
|
84.0%
|
Pawnee
|
|
Crisler
|
80
|
100%
|
84.375%
|
Creek
|
|
Glenn Evans
|
80
|
100%
|
81.25%
|
Creek
|
|
BlueHawk Project
|
160
|
50%
|
42.5%
|
Osage
|
|
Cleveland Project
|
160
|
100%
|
82.5%
|
Creek
|
|
Winganon Group
|
220
|
100%
|
75%
|
Rogers
|
|
Gypsy/Walker Project
|
80
|
100%
|
81.25%
|
Creek
|
Kansas Projects
AusTex Oil Limited through
its 100% owned subsidiary, International Energy Corporation (Kansas), has
acquired the following oil and gas leases located near Hays, Kansas:-
|
Lease Name
|
Acreage
|
WI
|
NRI
|
County
|
|
Cooper Project
|
26,500
|
50%
|
42.25%
|
Sheridan
|
|
Beltz Project
|
160
|
40%
|
33.8%
|
Ness
|
|
McCracken Project
|
3,200
|
55%
|
42.5%
|
Ness
|
|
Pearl Cress - #A1 well
|
Well
|
28.5%
|
24.93%
|
Ellis
|
|
Pearl Cress - #A2 well
|
Well
|
28.5%
|
24.93%
|
Ellis
|
Figure 1 Oil Field of the midcontinent
USA - Source DOE
|
