re: Ann: TXN: Acquisition Scheme Booklet and ... On page 29 this...

re: Ann: TXN: Acquisition Scheme Booklet and ... On page 29 this is the Development Plan for 2013 of merged entity:

Bakken/3 Forks - 3.0 Net Wells
Wattenberg (assume Vertical) - 20.80 Net Wells
Denver-Julesberg Basin (Horizontal) - 3.9 Net Wells
Mississippian/Woodford - 8.7 Net Wells
EFS - 10.8 Net Wells

My quick calculations indicate would need $190m to $200m.

If do not reinvest sales proceeds looking at $50m to $60m tax liability.

My reading is that all production income + costs from 1/10/12 will be included under the merged entity, should the proposal go through (happy to stand corrected).

Please do your own research