keeping in mind the aut market cap is well over $1 billion and lol ole texon is a measly $167 mill
$167 million and turning over the same oil revenue as the mega AUT at this point in time..!!
now you believe in performance, your staking your claim that its unsatisfactory!! and you have yet to disclose what you think is acceptable performance..
why not match a few wells. i mean we know there are some titanic wells in the armada in the hilcorp acreages..
are they all brilliant?? yes??? no?? maybe??
trader, just a quick glance, i mean texon has, as an operator, just finished their second well,, but no where as many as your shining light hilcorp.. i mean they are one of the biggest privately owned oil companies in the US. they have many thousands of completions up on texon!! and imho a huge run more in the efs. thats a fair call imho..
but why not look at the "unsatisfactory" and 2 week delayed texon performance thus far.. lol
dec 2010 to march 2011 TEXONS tyler ranch 1h produced 45,505 bo.. so is that good.. i say yes,, oilandgas says no and your sayin "unsatisfactory"
but.. is tyler that bad.. are people just talking without researching? i mean its not good to come in as a non holder or a holder and make some noise thats unsupported with facts imho.. maybe someone may present some for you..
so 45,505 from dec 2010 to march 2011.. now tyler ranch 1h is looking better than these following hilcorp sugarkane wells
FRANKE UNIT (dec 2010) 42,489 bo yipes!!
KENEDY JONES UNIT (jan 2011 start) 9,291 bo WOW !!(not looking good here)
DIRECT ASSETS UNIT (jan 2011 start) 27,434 bo (ohh?? thats not good)
EASLEY UNIT (may 2010 started producing) 46,830 bo WOW!! thats not lookin good for 12 months!!
WESTON (started producing Feb 2010) 67,249 bo (now i think tyler will match that easy and get another 25,000 in the next 8 months!!)
SUGAR LOAF 0 bo
TURNBULL 1 (jun 2010) 86,369 bo (giving this one a shake 9 months turnbull 1 is @ 86,369 and the texon tyler only needs 40,865 over the next 5 months, may be a bit of a stretch, but anythings possible!!)
KOWALIK 228-1R (feb 2011) 26,252 bo (now is that well is not kicking big time really here but its did 13,000 on the second month, tyler did 15,000.. but i know the sugarkane can be good and this well may give the texon tyler 1h a run for its money)
SIENKIEWICS UNIT (jan 2011) 43,241 bo now that well has about 1 months production less than tyler.. so that one beats tyler just)
hey trader, there are plenty of ways to present a picture dont you think?
looking at this post the hilcorp wells in the efs look pretty dismal..
but is that the case?
in no way is texon claiming the eurs that the likes that the sugarkane could potentially claim, but i see wells to the west of texon that beat the wells of hilcorp pants down..
lets see what the future delivers!!
TXN Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held