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4,615 Posts.
722
17/07/08
14:59
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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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