TXN texon petroleum ltd

let the games begin!, page-21

  1. 2,965 Posts.
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    Micheal AUT's projected production by 2017 is 20,000boepd and this is very conservative as it is using old decline rates and 80acre well spaccings which will probly be cut to 40acre spaccings. It does'nt take a genius to work they are a multi billion dollar company in the making. The well economics in the EFS are second to none, this is why all the major player's are tripping over each other to get a piece of the action. AUT has about $90 odd million in the bank as well.
 
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