Page 14 of the presentation given at the EGM states that the JV terms are "agreed" and are "now being documented". The recent investor update states that the JV "is in the final stages of being documented".
Perhaps the delay 'may' be explained in that the size of the JV has shifted. The jv area at the top has changed slightly in shape (compare pg 15 EGM report to pg 3 investor update report) and the area at the bottom does not now appear to be part of the jv.
Question for anyone please. Will the Quintanilla 1H well "prove up" a significantly greater area than the Hoskins 3H well due to the proximity of Hoskins 1H to Hoskins 3H.
TXN Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
