Wednesday, June 01, 2005 7:44:31 PM
Thursday, November 18, 2004
Maverick Oil and Gas, Inc. has reached total drill depth of 6,245' on Travis 641-H, the second well in its Maverick Basin project in Texas, and is awaiting completion after the rig moves off location. Maverick anticipates that testing will be completed in two weeks, after which facilities and pipelines will be constructed. First sales are anticipated early next year. A third well is expected to be started sometime in January. The Maverick Basin project is Maverick's joint venture with Blue Star, the independent owned by Jerry Jones, and Touchstone Resources USA Inc. Maverick has a net 37.5% interest in the project
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