TEX 0.00% 8.0¢ target energy limited

producer in less than 2 mths, congrats holders, page-23

  1. 8,606 Posts.
    Raks,

    The exciting bit will be the flow rates and oil quality, which will be announced quite soon. Total Depth was reached and approximately 3 times the amount of pay was encountered to what they expected they would get.

    That will sink into the markets mind when they read it in the papers and not online.
    And they are so confident that they have assumed the second well is commercial too and so they have commenced running wirelines for it also.
    The fact that it is essentially a double announcment due to such a positive result, and the fact that the flow rates will become evident shortly will all sink in via the media aslo.

    Not a good time to bail, put my opinion that way ;-)

    L
 
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