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Target Energy Reports Gas Reservoirs Intersected at Highway 71
Thursday November 12, 2009, 1:10 pm

Original Announcement: Gas Reservoirs Intersected at Highway 71

Target Energy reported that it has identified potentially commercial gas reservoirs at its key high-impact exploration prospect, Highway 71, located in Wharton County, Texas. Strong gas shows were noted while drilling through Yegua/Cooktown sands from 2,347 to 2,405m depth, with wireline log and formation test data subsequently indicating the presence of approximately 9m of potential net gas pay within three zones.

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