TXN 0.00% 58.0¢ texon petroleum ltd

thanks for the post drdannmanaged to get all of it removed, as i...

  1. 7,782 Posts.
    lightbulb Created with Sketch. 86
    thanks for the post drdann

    managed to get all of it removed, as i said i would, by simply putting a TOU on it all..

    texon has a sale to get over the line.. we wait and wait.

    its been a bit over a year since i visited mcmullen and i can see by the number of wells being drilled that the county is really taking off, i think it still ranks in the top five in terms of rig count if i remember rightly

    plenty of chinese companies want access to the efs for insights and understandings for their own shale reservoirs back in china. we know there was interest from a US based company, and there is one australian company looking.

    have to think its got to happen in 21012 still??

    who knows..

    in may when i went to the agm cliff was saying the deal was weeks away.. we are 3 months later.. ground hog days..

    from 2nd may to 27th june the WTI price just went on a huge slide.. but has come back from $76 to $96 since then..

    perhaps the volatility had a factor in it.. i suspect it may of..

    but i am optimistic as many long term holders are, we wait for an outcome that will reflect some nice returns to the shareholders..


    all the best to all holders..


 
watchlist Created with Sketch. Add TXN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.