TEX 0.00% 8.0¢ target energy limited

Well the primary targets were the 1st and 2nd meek sands, which...

  1. 312 Posts.
    Well the primary targets were the 1st and 2nd meek sands, which HAD the potential to recover upto 52 BCFG and 367,500 barrels condensate.

    The secondary target is the upper wilcox sandstone which also has POTENTIAL to recover UPTO 15 BCFG and 750,000 barrels of condensate. So not sure if this has been mentioned as COMMERCIAL - read the ann from 12 Nov, where gas was intersected in the Yegua/cooktown sands, there was 3 zones with 9 meters of net gas pay.

    So the gas is a lot smaller quantity wise, but I like the 750,000 barrels of condensate. So hopefully the get cracking on this and start bringing home the bacon.
 
watchlist Created with Sketch. Add TEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.