TXN 0.00% 58.0¢ texon petroleum ltd

new drill results out, page-16

  1. 150 Posts.
    Sharejon, there should also be a decent increase in proved and probable reserves accruing to the benefit of SEA particularly from the latest well as this is in a different location.

    Whynot - the latest well was a JV well held with others where TXN holds an interest of approximately 50%. The jv area affects only a modest section of its area. Not sure of the 95% for the other well but sounds about right.

    Anyone hearing any gossip about interest from others in light of these results or am I deluding myself yet again?
 
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