TEX 0.00% 8.0¢ target energy limited

oilleak tex about to run, page-4

  1. 4,649 Posts.
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    Great summary of this company here:

    http://www.brr.com.au/event/46340/excellence-in-oil-and-gas-conference-laurence-roe-md

    Notes:

    Production contributes $100K per month.
    2 Month timelag between production till it hits the bank.

    Figures based on:

    US$70 barrel of oil
    US$6 Mcf of Gas
    90c US to $A1

    Production to date [unaudited] 39c per TEX share

    Unrisked value of upcoming wells

    East Chalkley 39c per TEX share
    Bandito 30c per TEX share
    Catapult $3.04 per TEX share!
 
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Currently unlisted public company.

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