6-K: Report of foreign issuer [Rules 13a-16 and 15d-16]
Published on
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a – 16 OR 15d – 16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of October 2010
Commission
File No. 0-53646
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Eagleford Energy Inc.
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(Registrant’s
name)
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1
King Street West, Suite 1505
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Toronto, Ontario, Canada M5H
1A1
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(Address
of principal executive office)
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Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40F
Form 20-F
x Form
40-F ¨
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No
x
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
TABLE
OF CONTENTS
1. Press
Release of Registrant dated October 15, 2010 as filed on SEDAR on October 18,
2010.
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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Dated: October
18, 2010
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EAGLEFORD
ENERGY INC.
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By:
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/s/ James
Cassina
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Name: James
Cassina
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Title: President
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ITEM 1
EAGLEFORD
ENERGY INC.
FOR
IMMEDIATE RELEASE
Eagleford Energy Spuds Eagle
Ford Shale Well in Zavala County, Texas
Toronto, October 15, 2010 –
Eagleford Energy Inc. (OTCBB “EFRDF”) (“Eagleford Energy” or the "Company”),
announces that today it spud its initial well, the Mathews/Dyami 1-H, on it 85%
working interest (69% after payout) Matthews Lease comprising 2,629 acres of
land in Zavala County, Texas. The rig is currently drilling
vertically and the Company intends to continue through the Eagle Ford shale and
log the San Miguel sands, the Austin Chalk, and the Eagle Ford before extending
approximately 4,000 feet horizontally across the Eagle Ford shale
formation.
Eric
Johnson, VP Operations at Dyami Energy LLC, a Texas based operating subsidiary
of Eagleford Energy, stated, “We are going with first rate services from
experienced companies on this well such as running a suite of logs from
Schlumberger (NYSE: SLB). We’re excited to gather important petro-physical data
from several formations including the Eagle Ford shale, which is our prime
target. After coring and logging, we intend to extend horizontally through the
Eagle Ford shale and install a multi stage Frac Point System from Baker Hughes
(NYSE: BHI). It is estimated that this frac system may significantly
reduce frac costs, thereby enhancing the economic returns anticipated from the
Eagle Ford shale.”
The
Company’s Matthews Lease in Zavala County is situated adjacent to the Redhawk
land block under development by Petrohawk Energy Corporation (NYSE:
HK). Zavala County, Texas is part of the Maverick Basin of
Southwest Texas and downdip from the United States Geological Studies north
boundary of the Smackover-Austin-Eagle Ford total petroleum system. This area is
often referred to as the oil window of the present Eagle Ford shale
play.
For
further information, please contact:
Eagleford
Energy Inc.
Investor
Relations
Telephone:
877-723-5542
Facsimile:
416-364-8244
About Eagleford Energy
Inc.
Eagleford
Energy Inc. is a growth orientated oil and gas company with a focus on growing
hydrocarbon reserves, cash flow, and net asset value per share through
exploration and production of mineral properties in South Texas. There are
approximately 30.9 million shares issued and outstanding in the capital of the
Company.
Certain
information regarding the Company in this news release may constitute
forward-looking statements under applicable securities laws. The forward-looking
information includes, without limitation, projections or estimates made by us
and our management in connection with our business operations. Various
assumptions were used in drawing the conclusions or making the forecasts and
projections contained in the forward-looking information contained in this press
release, which assumptions are based on management analysis of historical
trends, experience, current conditions and expected future developments
pertaining to the Company and the industry in which it operates as well as
certain assumptions as specifically outlined in the release above.
Forward-looking information is based on current expectations, estimates and
projections that involve a number of risks, which could cause actual results to
vary and in some instances to differ materially from those anticipated by the
Company and described in the forward-looking information contained in this press
release. Undue reliance should not be placed on forward-looking
information, which is not a guarantee of performance and is subject to a number
of risks or uncertainties. Readers are cautioned that the foregoing list
of risk factors is not exhaustive. Forward-looking information is based on
the estimates and opinions of the Company’s management at the time the
information is released and the Company disclaims any intent or obligation to
update publicly any such forward-looking information, whether as a result of new
information, future events or otherwise, other than as expressly required by
applicable securities laws.