Winchester Energy Limited (ASX: WEL) is an Australian Securities Exchange (ASX) listed oil and gas explorer and producer with approximately 2,600 net acres in the highly productive Eastern Shelf of the Permian Basin in Texas, USA. The acreage offers a host of targets ('stacked pay') with prospective Cline and Barnett Shale unconventional oil opportunities at shallow depth together with appreciable conventional oil and gas production from the Ellenburger Formation and Strawn Formation (Fry Member) at slightly greater depths.