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DALLAS, Aug. 21, 2014 /PRNewswire/ -- TransCoastal Corporation

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investorsa   Friday, 08/22/14 08:55:08 AM
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DALLAS, Aug. 21, 2014 /PRNewswire/ -- TransCoastal Corporation (TCEC), ("TransCoastal"), an independent energy development company, announced today the initial results of their Proved Developed Non-Producing ("PDNP") well development program that began on August 1, 2014.

The Company has recompleted six of its PDNP wells from its PDNP well inventory that encompasses $83 million of the $204 million in Company estimated proved reserves. The initial production of the reworked wells on average is 5bbl/day and 6mcf/day per well, which the company believes is in line with engineering projections.

"We are very excited about the initial results of our development program, as we continue to fulfill our business model by monetizing our assets," said Andy Westmoreland, President of Operations.

About TransCoastal:
TransCoastal Corporation is an independent oil & gas company formed in August 1998 and headquartered in Dallas, Texas. Since inception, TransCoastal's growth has focused on the acquisition of producing oil and gas properties. The Company's strategy is driven by exploitation opportunities of proven yet underdeveloped mature oil and gas fields, which possess long-life reserve potential with low risk development opportunities. For further information on the Company, please visit TransCoastal's website at www.TransCoastal.net.

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