Triton reports progress on radial jet drilling

Triton reports progress on radial jet drilling

Triton American Energy Corp. has initiated activities on the fourth well to be re-completed on the Blackwell Lease in Caldwell County, Texas, site of the first ever utilization of radial jet drilling technology under license to the Company combined with the Thermal Pulse Unit technology contracted through Weekley Energy Group I, LP, a partner in the project. After testing a total of four separate intervals in the first well, the Blackwell #10A, Triton has elected to concentrate future activities exclusively in the Lower and Upper Austin Chalk formations, shortening the laterals and concentrating on the stringers contained within the roughly 260 feet pay zones encompassing the Austin Chalk. Significant oil shows on the third well, the Blackwell #1A, should allow the Company to begin producing oil early next month.

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