the peeler 4 well spudded on the 7th january and would have been completed by now
its an olmos sands well. which would need to taken into account in the sale negotiations
there is a sophia/wilcox exploration well permit available for texon to drill, if they kept the drill longer they could easily drill that wilcox target further north on the teal lease
texon should start yabbering about their short and long term goals in the coming weeks..
i expects news soon as the month ends, maybe a few forced announcements on the peeler well due to the fact its been drilled and the shareholders may be asking what the result was, otherwise i expect new news and new goals to be announced as February rolls on..
TXN Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
