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

  Brisbane, Australia, Aug 24, 2010 - (ABN Newswire) - Pryme Oil and Gas Limited's (ASX:PYM) (OTCQX:POGLY) Deshotels 20-H No.1 well in the Turner Bayou Chalk project is currently at a depth of 10,220 feet (3,115 metres). Drilling is proceeding as planned.Pryme has a 40% working interest (30% net revenue interest (NRI)) in this well.Project DescriptionThe Deshotels 20-H No.  

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