TXN 0.00% 58.0¢ texon petroleum ltd

new announcement out , page-2

  1. 168 Posts.
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    average 30 day production rate halved from IP (ie 1560boepd to 793boepd) which means the exit rate rate at day 30 lower again (than 793boepd)...doesn't auger well.

    Perhaps leaving the choke open for eye-catching IPs to elicit a bid is not the best move by management?

    thoughts anyone?
 
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Currently unlisted public company.

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