Pryme Oil and Gas Limited (ASX:PRM) Deshotels 20-H No.1 Drilling Update On The Turner Bayou Chalk Project

  Brisbane, Australia, Aug 17, 2010 - (ABN Newswire) - Pryme Oil and Gas Limited (ASX:PRM) (OTCQX:POGLY) (PINK:POGLY) announces the Deshotels 20-H No.1 well in the Turner Bayou Chalk project is currently at a depth of 4,495 feet (1,370 metres). Surface casing has been set to 4,500 feet (1,371 metres) and cemented. Drilling will resume after the cement has cured.Pryme has a 40% working interest (30% net revenue interest (NRI)) in this well.  

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