TEX target energy limited
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texan oil play fairway...

  1. Sunnyq
    4,283 Posts.
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    19/11/11
    21:10
    Post #: 9311337
    Just doing some research on TEX and the Texan oil Fairway project and the sums of 64 wells drilled in the Fairway alone come up with 3400 BOEPD in 37 months full development.

    Assumes all 64 wells successful in the Wolfberry with 16 successful in Fusselman as well.US$85/bbl oil.

    Comes up with a tidy sum of dollars also noticed some wells in the Fusselman formation are producing up to 800 BOEPD.

    After recent volume I have made my mind up what to do come monday.....

    TEX Price at posting: 11.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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