presentation: it's about oil

http://asx.com.au/asxpdf/20100514/pdf/31qbj2kn1xw5ns.pdf


Will be interesting to see if this new presentation brings the growing potential of TXN to the attention of any big fish. With the stock having fallen back to around 40c off its highs of 54c just weeks ago you have to think any predators that were already running the ruler over the company might sniff a little more blood in the water.

I'd rather see TXN realise some of the potential of the Eagle Ford Shale before any takeover offer. They seem dirt cheap at the moment given the potential of the EFS.