Petro Resources are doing a presentation tomorrow in which they state that they are very bullish about East Chalkely and its upside saying it has "excellent potential". TEX have quoted 2.4 million barrels for this project with potential for this number to grow to about 5 million barrels if they get really lucky.
Will be interesting to see what flow tests show at East Chalkely. Prior well flowed at 400 bpd. Might be that they are hinting at a higher flow rate from the current well. good luck to all longs.
TEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
