Doxa Energy Ltd. (DXAEF) Updates Texas Drilling Activity
Doxa Energy Ltd. issued an operational update on its oil and natural gas development activities in Texas where the company is working on several different formations on its properties. Doxa Energy Ltd. said that initial production has started on the Peeler Ranch No. 1-H well located in Atascosa County, Texas. This well was drilled and completed into the Eagle Ford Shale formation at the Peeler Ranch Prospect. The Peeler Ranch No. 1-H well was drilled with a 4,000 foot horizontal lateral and completed with a twelve stage hydraulic fracturing operation using 1.8 million pounds of proppant. The total measured depth…