Gulftex Operating, Inc. 3030 LBJ Freeway Suite 1320 LB#47 Dallas,
Texas 75243 - 972-243-2613
Frenchtown #2-H Update
Frenchtown Acres, LLC, Management is pleased to announce that
yesterday we started the drilling phase of the Frenchtown #2-H.
Gulftex Operating, Inc., is a licensed bonded operator registered
with the State of Texas and is the contract operator for this well.
HiTex Drilling (Rig #141) is the drilling rig that is on location
and drilling the well. The first phase of the drilling will
consist of drilling vertically to 1,480’ then setting 9 5/8” surface
casing and cementing that to the surface. Beyond that we will
continue to complete the drilling phase. Our total measured depth
will be approximately 12,450’.
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