The company said that it has successfully rigged up on the Alexander A well.
The company intends to drill the well to a target depth to produce from the Edwards shale zone.
The works carried out on the primary three wells on the Lockhart lease has improved the company’s understanding of the play and the company remains positive for its prospects, according to the company.
The Edwards limestone formation underlies the Eagle Ford Shale and Austin Chalk formations.
It is considered by geologists to be the original source of hydrocarbons that are now found in the Eagle Ford shale and Austin chalk above it.
