Hi Free, Another entry for STT list: TEX FA LONGReading through...

Hi Free,

Another entry for STT list: TEX FA LONG

Reading through their last report on the success of Darwin 1, TEX will be initiating an aggressive drilling campaign with three new holes planned for LATE OCTOBER, EARLY NOVEMBER. Two holes are planned on existing darwin acreage, while a third is on newly aquired acreage.

Target area is a Fusselman oil field without any encountered boundaries as of yet so so there is potential for this to be a sizeable field. The discovery is a virgin discovery indicating the field is independant of any nearby discoveries.

Gas samples from Darwin 1 are also due.

Key extracts (timeframe around 4 weeks from now):

Darwin 1 holed (drilled) "The well will now remain shut-in until a gas pipeline is connected - expected to take at least six weeks." (Early/Mid Nov)

Darwin 2 (re-entry) "re-entry will take approximately 10 days and will commence in late October/early November 2012."

Now i could be making this call a bit early, but i suspect we may see the SP creep up as these deadlines near..