Interesting to see some of the comments on the situation TEXO...

Interesting to see some of the comments on the situation TEXO holders face.

I became a holder of both TEX and TEXO on the strength of information supplied by the company regarding planned projects. As time slipped by some of these projects (the larger ones as it happened)were first delayed and then cancelled altogether. As these delays continued and the cancellations appeared investor impatatience took its toll on the share price.I realise that other major factors came into play over the last 12 to 18 months but if the original,published timeline of activities had been adhered to I would not be facing the loss on TEXO that i am now.

I think there is a strong case for an issue of replacement options along the line of FAS due to the problem the company has had with drilling delays, project cancellations and the world finantial situtaion. It might be worth the time of TEXO holders to put this case to management as we approach the expiration date.