Nursery, AZZ had a similar high EFS WI, being 75% and 87% and...

Nursery,
AZZ had a similar high EFS WI, being 75% and 87% and were producing a similar boepd to TXN. TXN only have 8 wells required to hold in production, according to Patersons, so at least the funding requirements are not as onerous. But a similar decline to Swift and Antares may impact the EUR and reserves.

tt2000, appreciate the calcs, in any case difficult to attribute exact numbers as TXN haven't been precise saying it is "about 600boepd". Your calcs would indicate 20% higher flows than the 30 day average. I guess they could have changed the choke or added production tubing, or may have shut in for some time during the first 30 days. Will be interesting to see the 60 day rates.


---------
DYOR and check for errors, for info only not financial advice