Ann: Investor Update , page-3

no change really

permits have been noted and discussed on this forum weeks ago.. texon is drilling already and just was reluctant to inform the shareholders..

efs sale is still as before.. ZERO result..

in turn, texon is now forced to drill wells, first one is a jvp well WI 48%

imho they will have to drill the second one straight after, but nothing is being said on that by texon.

no update on roundhouse what so ever. reason for that, according to them, is as they are acquiring acreages??

so why mention and name it in the first place? texon could have continued on by calling it ET - east texas..