Doxa Energy Closes Acquisition of New South Texas Project and Commences Drilling Operations

Doxa Energy Ltd. (TSXV:DXA) closes the acquisition of a 16.70625% interest in the County Line North Project, McMullen County, Texas.

The press release is quoted as saying:

The County Line North Project, operated by Hurd Enterprises, Ltd., of San Antonio, Texas, is a conventional gas condensate prospect which is situated on an initial 280 acre block of leases. Drilling of the Kynette No. 1, the initial well on this project, has been commenced and is proceeding towards its permitted depth of 10,500′.

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