merger details out, page-82

probably pricing in the cash burn for march 2013

sorry,, mid 2013


eric was talking it up, the cash, the loan facility and the recent raping of texon shareholders. but as you say, the market doesnt get it.. not sure if sea has a PR department, but texon didnt and lost out huge on that.. if sea hasnt got one, then trying to be a mid cap in today environment requires one. but eric was hardly audible as the line from the US was lousy. john in brisbane was loud and clear.

john from bell was getting stuck into them about the efs lease problem, and getting the clouded answers..

basically all wells drilled are forced to be drilled by lease commitments.

i guess we have to be concerned by the sea share price, as we all end up with the stock if we hang around.. but there is a pretty loud exit to the door at txn today

i saw the rbs note today.. not sure how i can view any rbs note now after reading it..

as the sea price falls so does the ultimate price per acre for the eagleford, in the absence of anything happening whilst texon runs through the next months basically stone motherless broke, we should run an end game scenario on the sea sp in march 2013

all other days will be groundhog days,,