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Gulf Coast Western Announces Well Completion Activities

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Dallas, TX, February 24, 2009 --(PR.com)-- Gulf Coast Western (GCW) is pleased to announce that two wells, which were recently drilled in Lavaca County, Texas and in which GCW is a working interest participant, have moved into the completion phase. “These wells were drilled to test multiple horizons in the Wilcox formation and we are pleased with the log results on both wells. Now they will be tested to determine if they are commercial,” stated Matthew H. Fleeger, President and CEO. “In this area the Wilcox is a prolific producer and the initial key well, from which these prospects were developed, was placed into production in November 2007 and has maintained strong daily production rates with no decline. Through November 2008, it has cumulative production of 1.176 BCFG and 25,571 BOE, so you will not hear any complaints from us if we are fortunate enough to experience similar results from our 2 wells.”

About Us:

Gulf Coast Western, a Dallas-based company founded in 1970, is focused on the exploration, development and acquisition of domestic oil and gas reserves.

Disclaimer:

A portion of the information provided herein constitutes forward-looking statements. These statements relate to future financial performance or results. You should review this information carefully because it contains Gulf Coast Western's future expectations, and while Gulf Coast Western believes that it is important to communicate these expectations, this information provides only estimates of future performance or results. Actual performance or results may not meet such expectations and may differ materially. In evaluating these forward-looking statements, you should consider various factors that may cause actual performance or results to differ materially from those expressed in any forward-looking statements contained herein. Although Gulf Coast Western believes that the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, levels of activity, performance, achievements, or events. Moreover, Gulf Coast Western does not assume any responsibility for the accuracy and completeness of such forward-looking statements in the future. Gulf Coast Western does not plan to update any of the forward-looking statements made herein to conform such statements to actual performance or results.

Contact:

Matthew H. Fleeger
Gulf Coast Western
12750 Merit Drive, #770
Dallas, TX 75251
Voice 800-284-1782 | 972-284-0600
Fax 972-284-0610
press@gulfcoastwestern.com
http://www.gulfcoastwestern.com

Contact Information:
Gulf Coast Western
Matthew H. Fleeger
1-972-284-0600
pressreleases@gulfcoastwestern.com
http://www.gulfcoastwestern.com
1-800-284-1782

Press Release Distributed by PR.com


 
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