devon are drilling a huge horizontal "wildcat" in the adjoining leases to texons in navarro county
drilling commenced this month
looks to be on the north and west edge of roundhouse.
16000 foot well and that area has had woodbine gas production at a shallow 5000 feet in the past
looks a deeper wildcat to me..
as much as the market has pencilled a massive fail for roundhouse oil target, if devon is drilling the same structure right now, then you would have to conclude this future project coming up in the months ahead has to have some cred????
TXN Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
