The prospect, known as the Sanger Heirs Prospect, is a 82.2 acre lease in Live Oak County, Texas.
The company said that Tejones intends to test the upper Wilcox series of sands and log at 7,850ft.
The company stated that drilling to test depth is be anticipated to take approximately 15 days.
Through a farm-out agreement made by investors on the prospect, there have been talks to drill two additional wells following the Sanger Heirs #1 well.
The plans with the operator are to start preparing the site that will be followed with the transportation of the rig on the site.
