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Texas spud: Index said its George Cason-1 spud at the Fern Lake propsect had reached depth and would be completed in two zones

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Index eyes Fern Lake promise

Index Oil & Gas said its George Cason-1 well on the Fern Lake prospect in Nacagdoches County, Texas, will be completed and tested in two intervals after reaching total depth of 11,147 feet.

The company said logging of the well had indicated the presence of hydrocarbons.

Index holds a 18% working interest in the well after payout.

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