It is highly protected I e-mailed 9 Oil & Gas Drilling suppliers in the area twice and never even received a reply. I assume from that the name Buffalo is new and Target believe the potential is big and if the fraccs. are a success they will get first play of extending the 13000 acres.
I received a reply from the Business Editor of the Corpus Christi Leader and she made it clear that she had never heard of a Buffalo lease Sth. West of Corpus.
If this is correct it is a big play as most of the wells have already been drilled all we need is to do the fraccing and continue drilling Horizontal wells in certain areas. The fraccing is also a new play, known as double fraccing, only just started to be used and was designed by Professor Ralph Kehle with others, he is on the board of Targets subsidary TELA (USA).
It all sounds good for a big future.
- Forums
- ASX - By Stock
- TEX
- watch out for tex
watch out for tex, page-12
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)