TXN 0.00% 58.0¢ texon petroleum ltd

Ann: Roundhouse Prospect , page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,782 Posts.
    lightbulb Created with Sketch. 86
    devon are drilling a huge horizontal "wildcat" in the adjoining leases to texons in navarro county

    drilling commenced this month

    looks to be on the north and west edge of roundhouse.

    16000 foot well and that area has had woodbine gas production at a shallow 5000 feet in the past

    looks a deeper wildcat to me..

    as much as the market has pencilled a massive fail for roundhouse oil target, if devon is drilling the same structure right now, then you would have to conclude this future project coming up in the months ahead has to have some cred????



 
watchlist Created with Sketch. Add TXN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.