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Oil and Gas Energy News Update

Wednesday, August 24, 2011

Testing Begins at Global's 2nd Eagle Ford Well

- Testing Begins at Global's 2nd Eagle Ford Well

Wednesday, August 24, 2011
Global Petroleum Ltd.

Texon has advised that the second Eagle Ford well in which Global has an interest (Tyler Ranch EFS #2H) has been successfully fracked over 17 stages and will now be tested. The recovery of frac fluid will probably take a few days after which Texon will conduct a proper flow test of the well.

Global has a 7.939% working interest in approximately 1,651 acres beneath the Olmos formation including the Eagle Ford Shale. Global's interest in the Leighton prospect also includes a 15% working interest in approximately 873 acres from the surface down to the stratigraphic equivalent of the Olmos formation.

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