didnt realise peter had done anything on talon.. those numbers are interesting... i agree the upside looks great.. we have to get some reserve value here based on the fact we own acreages all around this well
the olmos is highly active in the AWP field... we have proven now by drilling toe to toe to a swift well (which was screwed) how oily these sands are... the fact terry swift drilled multiple wells out of formation speaks for itself, but no one would give texon not talon any value for it..
imho, right now, we should expect to be valued on that oil play... for those selling,, good luck.. and for those buying.. it may be a smart price your getting right now with absolute proof the play is commercial!!
GLTAH
TPD Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held