Texon advises that its fifth Eagle Ford well, Peeler EFS #1H (a lease commitment well), is on schedule to begin its fraccing operation on July 10th. The well reached its total depth of 14,795 feet 2-3 weeks ago after drilling 4,200 feet of horizontal Eagle Ford section with good oil and gas shows. After the fraccing operation is complete, the well will be production tested and it is expected that the well will be on stream by the end of July
shorter well than the others, so imho the frac stages would be less than before possibly
8 days in now.. has to be close if they fracced on schedule
TXN Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held