TXN 0.00% 58.0¢ texon petroleum ltd

a friend from the uk and investor picked it up and emailed it to...

  1. 8,330 Posts.
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    a friend from the uk and investor picked it up and emailed it to me last night..

    i thought riche would have as i know he checks the website pretty regularly..

    gets down to what is $1.5 billion dollars of total proved revenue worth these days


    7,581 Net Acres (7,712 Gross Acres)

    Approximately 88 Net 80-Acre Proved Undeveloped Locations

    Average 98% Working Interest Across Leased Acreage

    4 Producing Horizontal Eagle Ford Wells

    340 BOPD, 800 Mcfd, 76 Bbls NGL per Day Projected Average June 2012 Net Sales

    $456 Million Total Proved PV12

    25 Million Bbls of Oil, 57 Bcf Gas and 6 Million Bbls of NGL Net Proved Reserves

    $28 Million Total Proved Producing PV12

    623,000 Bbls of Oil, 1.6 Bcf Gas and 151,000 Bbls of NGL Net Proved Producing Reserves

    93% of Revenue from Oil and NGL

    $1.5 Billion Total Proved Future Net Revenue


 
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Currently unlisted public company.

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