Gulftex Operating, Inc. 3030 LBJ Freeway Suite 1320 LB#47 Dallas,
Texas 75243 - 972-243-2613
For Immediate Release:
Frenchtown #2 – H update.
October 27, 2009 - Dallas, Texas - Gulftex Operating, Inc.
announces, Frenchtown #2 - H a drilling
update - spud date anticipated for late November.
Gulftex Operating, Inc., as contract operator for the Frenchtown
#2-H, is pleased to announce that a drilling contractor has been
selected and engaged to drill the Frenchtown #2-H and that the spud
date will be tentatively set for late November. There will be a
series of pre-spud meetings to implement a smooth drilling process.
The drilling prognosis looks good and we are eager to begin. See
Gulftexoperating.com projects page for pictures of the contracted
Hitex (Rig #141) top drive drilling rig.
ABOUT GULFTEX OPERATING, INC.
In 1996 Gulftex Operating, Inc. became a contract operator to TBX
Resources, Inc. with over 100 operating wells in East Texas and
Louisiana. Today Gulftex Operating, Inc. has a successful
exploration, drilling and production track record participating in
over 35 wells in the Barnett Shale. The Gulftex record includes an
impressive 20 wells in the core area of the Barnett Shale. Tim
Burroughs, President of Gulftex Operating, Inc., has spent the last
14 years building Gulftex Operating, Inc. Top energy companies
including XTO Energy, Crusader Energy, Devon Energy, Conoco
Phillips, Encana and others have partnered with Gulftex Operating,
Inc. on numerous Barnett Shale projects.
The Gulftex Operating, Inc. has a primary focus on the development
of conventional and unconventional resource plays which includes the
application of horizontal drilling and cutting edge completion
technology aimed at developing shale and tight sand reservoirs. The
Gulftex assets are located in various domestic basins, the majority
of which are in the Ft. Worth Basin, Barnett Shale.
For other information regarding Gulftex Operating, Inc., please
visit the Company's Internet Web site at