TEX 0.00% 8.0¢ target energy limited

great progress report, page-7

  1. 413 Posts.
    lotm, we need to consider that rates have actually more than doubled from the original 30bopd to 67bopd. Also work is still ongoing to optimise rates so this could potentially increase again. I think management learnt alot from that drill and will look to take a different approach for any future holes within that lease. We know there is plenty of water, but we do have boa 12#2 (i think) that is being used for water disposal.

    anyway, we are targeting new and highly encouraging ground as I write. Interest will filter in again, the impatient will leave to make money elsewhere, but it's only a matter of day/weeks and TEX will be in flavour.
 
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