Gulftex Operating, Inc. 3030 LBJ Freeway Suite 1320 LB#47 Dallas,
Texas 75243 - 972-243-2613
For Immediate Release:
Frenchtown #2 – H update.
October 29, 2009 - Dallas, Texas - Gulftex Operating, Inc.
announces, Frenchtown #2 - H completes construction for gas
Gulftex is pleased to announce that the Frenchtown Common Delivery
Point (CDP) has been completely constructed to facilitate the
delivery of gas sales down the sales line from the Frenchtown #2- H
well. The gas flow meters, all plumbing and valves have been
installed as well.
The location is ready, the storage tanks have been set, the
separator has been plumbed in and the entrance road has been
reconditioned in anticipation of Frenchtown #2-H operational
traffic. All State, City and local permits have been approved. The
Texas Railroad Commission has issued the final permit and we are now
ready to begin the next phase which is the drilling of the
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