i'm hoping they sell all of leighton to one party, get great price say $100 mill and then sell 60% ownership of mossman to strategic partner for say 80 mil and also as part of transaction new partner has to drill another 5 eagle ford wells in next 12 months as part of transaction 100% funded by new partner they then would have say $180 mill, have cash for new leases to be drilled and still retain part of mossman and commit to developing the field for great cashflow and a partner that will drive mossman development, could you imagine the cash coming in from 10 or so producing wells in next 18 months with say one rig drilling full time until fully developed surely that wouldn't be too much of a stretch , and best of all the news flow would be non stop dreaming out loud
TXN Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held
