The Company is also pleased to announce that the Matthews/Dyami #3 well has reached its projected target depth to the San Miguel formation and testing is currently underway. The Company’s Matthews Lease comprises 2,629 acres of land in Zavala County, Texas and is situated adjacent to the Redhawk land block under development by Petrohawk Energy Corporation (NYSE: HK). Zavala County, Texas is part of the Maverick Basin of Southwest Texas and downdip from the United States Geological Studies north boundary of the Smackover-Austin-Eagle Ford total petroleum system. This area is often referred to as the oil window of the present Eagle Ford shale play
For further information, please contact:
Eagleford Energy Inc.
Investor Relations
Telephone: 877-723-5542
http://www.sedar.com/CheckCode.do;jsessionid=0000_KVpP6762vAqpN1eco4AoIs:-1
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