the texan bollinger pinch, page-7

I agree steakdinner. I was at one stage in Antares. Odd that as my brother has a sailing ship called Antares.

U know it is amazing that Texas is really a very old oil and gas producing area and it really surprises me that folks are still finding the goods there.

TXN wants to acquire more acreages and drill many more producing wells (read that as SP multiples : )

I seem to reacll that they also beleive that belwo the shallow wells is a mother load which at some stage they will be looking into.

In the interim we should hear some pelans as to how TXN plans to fund the 19 or so extra wells they wish to drill.

Their strike rate from memory was somethign like 80 % thats pretty darn good.