TXN 0.00% 58.0¢ texon petroleum ltd

Ann: Investor Update , page-11

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  1. 935 Posts.
    I'm not that angry with management but it is a little unusual for an oiler to announce a spudding after the fact. All very nochalant, oh btw we're having a little drill over here and then over there and we've got some acreages and hey we got a 2.7 million payback on a well in 60 days.....wait that's the bit I like. Actually the whole update reads pretty well to me. Glad they didn't sell the EFS for less than what it is worth and IMHO that will be worth waiting for. Good to see us up again on a red day with the POO going downhill as well. :)
 
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