One of which is the additional value of the contiguous nature of the acreage purchased by AUT to complement their current holdings.
Which leads me to look over the fence in Mcmullen County.
Prime candidates would seem to be Murphy Oil market cap $10.5 billion,Talisman Energy market cap $12.98 billion, and Swift Energy a relative minnow with a market cap of $772 million.
So the cash is piled up fairly well in the neighbourhood should the neighbours be looking for an extension :)
TXN Price at posting:
47.5¢ Sentiment: ST Buy Disclosure: Not Held