Australia: Exoma Spuds Euston -1 Shale Gas Well

Exoma Energy announced that the fourth well of its 2011 exploration campaign, Euston-1, has spudded.

The target of this well will be Shale Gas in the Toolebuc Shale of the Eromanga Basin in Central Queensland.

Exoma has a 50% beneficial interest in both ATP 999P and the Euston-1 well.

CNOOC Galilee Gas Company is earning its participating interest by a farmin that funds Exoma’s share of the cost of drilling this well.

[mappress] Source: Exoma Energy, August 8, 2011;