having been an investor in both TEX and BCC over the last 2...

having been an investor in both TEX and BCC over the last 2 years I think I can comment. TEX is a well run company but is fundementally different to BCC in strategy, TEX are building their production via minor working interests in on shore plays, BCC have Majority working interest in mainly off shore PUD plays (Lee county aside)

However highway 71 has the potential to add greatly to production even at a 25% WI so up side there.

IMO, TEX need to step up and start to take larger chunks of the projects then they will get the recognition they deserve, until then they will be another aussie Oil and gas company in the US with imor holdings in their projects.