🕐02.12.09 - 01:59 Uhr

East Oklahoma North Drilling Continues



Redfork ASX Announcement 2 December 2009 East Oklahoma North Drilling Continues * Wattenbarger #1-22 Well successfully reaches target depth of 485 feet * Open hole logs show approximately 52 feet of productive shale in this well * Show of gas across entire section with excellent log characteristics US-focused oil and gas exploration and production company Red Fork Energy Limited ("Red Fork" or "the Company") is pleased to announce that the Wattenbarger #1-22 Well reached target depth of 485 feet on 27 November 2009. Again, open hole logs confirmed the presence of the target Woodford Shale at the depth predicted by our internal modeling.

The shale was encountered at 385 feet and was logged to be approximately 52 feet thick.

Gas was visible in samples from the entire 52 foot section with strong odor to surface. The drilling rig is currently undergoing minor scheduled maintenance and drilling is expected to re-commence later this week.
Click here to view the ASX announcement http://esp.gewru.com/download/files/12414/1015841/East%20Oklahoma%20North%20Drilling%20Continues.pdf About Red Fork Energy Limited Red Fork Energy Limited is an Australian publicly listed company developing oil and gas assets in Oklahoma, United States.

The Company currently owns and operates three projects, East Oklahoma (~110,000 acres), West Tulsa (~15,000 acres) and Osage (~5,000 acres).

These assets provide proven producing oil and gas fields as well as highly prospective exploration acreage for future growth.

Red Fork is well advanced in achieving its goal of becoming an independent exploration and production company through the commercialization of the coal bed methane, shale gas and conventional oil and gas resources located within its landholdings.
For further information please contact: David Prentice Managing Director +61 (08) 9200 4470 www.redforkenergy.com.au Red Fork Energy Limited ACN 108 787 720 Level 2, 79 Hay Street Subiaco Western Australia 6008 PO Box 1424 West Perth WA 6872 Telephone +61 8 9200 4470 Facsimile +61 8 9200 4471 www.redforkenergy.com.au This message has been sent to you as a subscriber of the PPR mail service. If you no longer wish to be a part of the service, please email with the word "REMOVE" in the Subject line.
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