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Stratex, Eagleford Energy Form JV In Texas

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December 11, 2013

Eagleford Energy Inc. (OTC: EFRDF) announced Dec. 9 that it had entered into a joint development agreement with Stratex Oil and Gas Holdings Inc. (OTC: STTX) to facilitate the exploration and development of the oil and gas resources within and underlying the Matthews Lease, a 2629 acre tract of land in Zavala County, Texas.

According to the agreement, Stratex has agreed to complete, or cause to be completed, the hydraulic fracturing of the Matthews #1H well, and to pay all future costs associated therewith by March 31.

Eagleford originally drilled ...

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