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AXP Energy Launches Drilling at Charlie #1 Well in Oklahoma
9:48am on Thursday 11th of September, 2025 AEST
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Energy
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AXP Energy Launches Drilling at Charlie #1 Well in Oklahoma
9:48am on Thursday 11th of September, 2025 AEST
Key Points
Drilling underway on Charlie #1 Well in Kay & Noble Counties, Oklahoma
Well targets Mississippian Lime and Pennsylvanian formations at 4,700 feet depth
Fully funded by A$2.7 million capital raising for two vertical wells and infrastructure
AXP holds 100% working interest and 81.25% net revenue interest in the lease
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