Probe Resources Ltd., The Woodlands, Texas, (CDNX: PBR) has discovered commercial gas reserves in its East Cameron 37 #1 well in the Gulf of Mexico.

The well reached a total depth of 12,039 feet measured depth (10,972 feet total vertical depth). Probe encountered its primary objective, logging approximately 50 feet of total vertical depth net pay. The results exceeded the company’s expectations. Probe holds a 52% working interest (36.4% net revenue interest) in the well along with its partners, including privately held, Houston-based Petrodome Energy LLC, which holds a 44% working interest (32.1% net revenue interest).

Production casing is currently being run in the well. The well was drilled from the same surface location as the previously announced East Cameron 36 #1 discovery. A production test facility has been constructed and will be installed on location in the next few months. A flowline will be constructed to a nearby host facility, which will handle final processing. Concurrent to the construction operations, a completion rig will be mobilized and the two wells will be completed. Production is expected to commence in the fourth quarter.

Probe has relinquished its interest in Brazos Block 434 due to the impending expiration of its drilling commitment and in order to accelerate development of its previous discoveries.

Probe has oil and gas prospects along the Texas and Louisiana outer continental shelf.