Aztec Oil & Gas has reported the successful completion of its first well, the Dyco Blanding #1, in Liberty County, Texas, US.

Aztec has also reported the successful drilling of its second well in Liberty County.

The Blackstone 80 #1 well was recently completed in the Cockfield Channel sand that is a known prolific producer in the area.

The company said that the initial production rates averaged approximately 50 to 60 barrels of oil per day.

Aztec Oil & Gas president Waylan Johnson said that based on the results of these two wells, we believe we have several additional potential locations for future development in this county.

The company anticipates that it will participate in at least 3-5 wells in this field and surrounding areas in 2011.