The
company
reported
to
the
Australian
Securities
Exchange
on
Wednesday
that
the
20-2
and
20-5
wells
had
entered
production
at
the
Production
Hub
2
and
had
flowed
at
peak
rates
of
97
barrels
and
212
barrels
of
oil
equivalent
per
day,
respectively.
The
20-5
well,
which
also
flared
gas
during
production,
still
requires
the
completion
of
gas
infrastructure.
AusTex
chairman
Richard
Adrey
said
the
successful
flow
rates
from
the
wells
helped
to
build
on
the
company's
production
profile.
“These
two
new
vertical
wells
coming
on
stream
build
on
our
track
record
of
continuously
delivering…