12:02 PM EST - Oilexco Inc. : said on Wednesday a second geological zone tested on a well drilled on its Huntington prospect in Britain's central North Sea flowed at rates of up to 5,557 barrels a day of light oil. Oilexco said it had tested the Forties Sand zone at the well, which also produced 3.4 million cubic feet a day. The company said the production rates were restricted by the equipment used to test the find. Oilexco Inc.
shares T.OIL are trading up 13 cents at $14.08.