I have been sitting on the sidelines for the last few months riding out the delays however this is the strongest indicator yet that things may be looking up for TEX. Only days away from the 2nd calander quarter which has forecast the drilling of; East Chalky - 35% int - 2.1mmBO - forecast to net $10,600 per day to Tex Bayou Bernard - 15% - 750,000 BO
Now they are talking about other opportunities too. Create a bit of specualtion i guess but didn't seem like anything in particular was going on with the brief and broad sentance. At least they are doing something as opposed to sitting aroung waiting for the work program to be executed.
Time to go back under my rock.
TEX Price at posting:
2.9¢ Sentiment: LT Buy Disclosure: Held