TXN texon petroleum ltd

analysis update, page-16

  1. 2,614 Posts.
    Quote - Agent

    "he feels apprehensive in case it turns out a complete disaster like kowalik 1 and 2. his neighbours are obviously bitterly disappointed with K1 and K2.. "

    Agent i found this very entertaining to read especially if one puts it into context. Whilst i grant Kowalick had issues that where far from perfect its hardly a "complete disaster" as you say.

    When one looks at in in context it wasnt able to be full fracced, yet it's 30 day production from half a well is 710 boe/d (with lower decline also) more than txn total well of 655 boe/d . please explain ho that can possibly be regarded as a complete disaster?
 
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