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TexStar Acquires 20 Wells In Austin Chalk

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July 23, 2012

TexStar Energy Corporation announced the acquisition of 20 wells in Caldwell County, TX in which TexStar has retained a 20% carried working interest being a 15% net revenue in the wells. TexStar Energy commissioned Geologic (a geological engineering company) to evaluate the wells' potential. Geologic's report concluded, "The A.J. Carter Lease is a multi-well (20 wells) ...

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