Vanguard Energy Corp. (OTCQX: VNGE) completed its 13th well at the Batson Dome field in Southeast Texas.

The well has been completed and is producing oil at attractive rates, according to the release. The company decided to continue drilling in the Batson Dome field at the present time instead of pursuing the previously announced plan to drill its first well at the recently acquired acreage at Hull-Daisetta due to the more attractive economics being experienced at Batson Dome.

Gross production for the company in December 2012 was 7,000 barrels of ...