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Target Energy Updates Ops In Texas, Louisiana

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September 30, 2013

Target Energy Ltd. (ASX: TEX; OTC: TEXQY) provided an operations update on its Fairway Project in West Texas and its East Chalkley oil field in Cameron Parish, La.

Fairway Project - Darwin #3

Preparations are underway to fracture stimulate zones within the Wolfberry interval in the Darwin #3 well after testing of the deeper Fusselman carbonate showed that section to be water-wet. The fracing program is planned to be underway within the next couple of months and will include intervals that had very strong oil and gas shows while drilling. ...

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