TXN texon petroleum ltd

AUT has found there to be consistent flows although varying...

  1. 1,655 Posts.
    AUT has found there to be consistent flows although varying condensate ratios moving across the 'window'.

    But as agent continually says, look at the results achieved by others drilling around. Teal is mid-way between Tyler Ranch and a Swift well producing similar - see page 12 of the presentation of 12 April. That suggests that the whole of Mosman/Rockingham should be that productive.

    That is what TXN seems to be saying on page 11 of the presentation for the whole of its acreage. So, we shouldn't be surprised.

    Looks like they won't let the new money gather dust - they're planning to drill 2 more EFS wells in the second half of this quarter.
 
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