TXN 0.00% 58.0¢ texon petroleum ltd

declines, page-3

  1. 2,614 Posts.
    Augusta i do see exactly where your coming from and i do agree that so far that decline is a concern.

    IT wont be popular what youve posted but theres a lot of truth in it so far.

    Its still too early to tell , but your right imo to voice concerns about the declines. Given they where on a restricted choke such a high decline is very concerning imo.

    But as you say it is early days, they may still play with choke settings and achieve variable results, and there s a 2nd well coming in march which will give a much clearer picture.
 
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