Mosman Oil and Gas Ltd said the Winters-2 well in Polk County Texas was drilled to target depth and encountered potential pay in the Yegua and Wilcox sands.
Winters-2 was drilled to the target depth of 7,011 feet and wireline logs, side wall cores and formation pressure tests were completed, the company said in a statement.
Winters-2 is being completed in the Third Wilcox which has a gross thickness of 54 feet, Mosman said. Flow rates will be made available when known after production facilities are installed.
The drilling rig will move to the Stanley-5 well location where drilling is slated to start next week.