Fayette County, Texas: Eagle Ford Shale Update

By Andrea: http://oilshalegas.com

Eureka Energy (EKA) announced that a wholly-owned US subsidiary of Eureka has signed an option agreement to acquire a 100% working interest of a 761.5 acre block of leases on the eastern extension of the Eagle Ford trend in Texas. The new lease is located in Fayette County, Texas. Eureka believes that this block of land has potential to produce oil. Eureka intends to seek out a partner to fund drilling and acquisition costs for the new block of land.

Read full story here:
http://www.onenewspage.com/news/Business/20100811/13934252/Eureka-Energy-acquires-option-on-new-oil-acreage.htm

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com