txn - long wait is over very soon, page-14

MRO has put a substantial amount of acreage on the market probably mostly in the 'dead oil' and 'dry gas' regions. According to AUT's broker Euroz in their note of 2 June last year (at the time of MRO's purchase of acreage from the former operator of AUT's acreage), MRO paid only £5k/acre but, it is rumoured, is looking for the $25k mentioned in other posts. If the rumoured sale price/acre is true, there has been a radical revaluation of Eagleford acreage over the last 15 months. So, perhaps, the TXN board is looking for more than it was just a few months ago