Does anyone know what came of the drilling north east of Telephone TX, Charter Oak was 
Drilling there. I wanted to know if they found anything? I have property just south that I think could 
Yield a good drill site. 

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Brenda, 

The permit status on well 147-30117, Charter Oak Production-Gibbs #1, is "dry hole".  

 

The well was a dry hole. They had problems with the hole and didn't reach TD.  I believe they will try to drill another well in the future.  

There was one well drilled 4 1/2 miles N/E of Honey grove which did hit and was plugged. As of July 18th the Bureau of Land Mgt. Leased out 8500 acres of the south section of the Caddo Grasslands. This was done out of the Tulsa Ok office the names of the buyers of the leases should be a matter of public record soon.

New permit for Fannin County. It is charter oak again. 

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